Form 4 for STX Seagate Technology
Accepted 2021-09-14 00:00:00 ET · period of report 2021-09-09 · accession 0001137789-21-000075 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-09-14 | 2021-09-09 | STX | Romano Gianluca | EVP, CFO | F - Tax | $87.34 | -3,593 | 23.3K | -13% | -$313.8K |
| DM | 2021-09-14 | 2021-09-09 | STX | Romano Gianluca | EVP, CFO | A - Grant | $0.00 | +44.2K | 12.1K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2021-09-09 | F | D | 1,800 | $87.34 | 21,514 | D | — | — | (F1) These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3. |
| 2 | Common | Ordinary Shares | 2021-09-09 | F | D | 1,793 | $87.34 | 23,314 | D | — | — | (F1) These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3. |
| 3 | Derivative | NQ Options | 2021-09-09 | A | A | 32,180 | $0.00 | 32,180 | D | $87.34 · — to — | 32,180 Ordinary Shares | (F4) Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options will vest on September 9, 2022 and the remaining options vest in equal monthly installments over the 36 months following September 9, 2022. |
| 4 | Derivative | Restricted Share Unit | 2021-09-09 | A | A | 12,065 | $0.00 | 12,065 | D | — · — to — | 12,065 Ordinary Shares | (F2) Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share of the Issuer. (F3) Consists of a grant of RSUs awarded to the Reporting Person under the Amended and Restated Seagate Technology Holdings plc 2012 Equity Incentive Plan (the "Plan"). Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2022 and each one-year anniversary thereafter. |