Form 4 for STX Seagate Technology
Accepted 2021-09-15 00:00:00 ET · period of report 2021-09-11 · accession 0001137789-21-000099 · 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 | 2021-09-15 | 2021-09-11+ | STX | Teh Ban Seng | EVP, Gbl Sales | M - OptEx | $19.33 | +1,660 | 12.2K | +16% | +$32.1K |
| DM | 2021-09-15 | 2021-09-13+ | STX | Teh Ban Seng | EVP, Gbl Sales | S - Sale+OE | $83.88 | -3,445 | 11.1K | -24% | -$289.0K |
| DM | 2021-09-15 | 2021-09-11+ | STX | Teh Ban Seng | EVP, Gbl Sales | M - OptEx | $0.00 | -1,660 | 0 | -100% | $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 | 2021-09-11 | M | A | 623 | $0.00 | 11,118 | D | — | — | |
| 2 | Common | Ordinary Shares | 2021-09-13 | M | A | 1,037 | $30.95 | 12,155 | D | — | — | (F1) The (i) option exercise and sale of Ordinary Shares and (ii) the sale of Ordinary Shares each reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| 3 | Common | Ordinary Shares | 2021-09-14 | S | D | 623 | $83.99 | 8,710 | D | — | — | |
| 4 | Common | Ordinary Shares | 2021-09-13 | S | D | 1,785 | $83.86 | 9,333 | D | — | — | (F1) The (i) option exercise and sale of Ordinary Shares and (ii) the sale of Ordinary Shares each reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| 5 | Common | Ordinary Shares | 2021-09-13 | S | D | 1,037 | $83.86 | 11,118 | D | — | — | (F1) The (i) option exercise and sale of Ordinary Shares and (ii) the sale of Ordinary Shares each reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| 6 | Derivative | NQ Stock Option | 2021-09-13 | M | D | 1,037 | $0.00 | 0 | D | $30.95 · 2018-09-11 to 2024-09-11 | 1,037 Ordinary Shares | (F4) Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 11, 2018, and the remaining options vested in equal monthly installments over the 36 months following September 11, 2018. |
| 7 | Derivative | Restricted Share Unit | 2021-09-11 | M | D | 623 | $0.00 | 0 | D | — · — to — | 623 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 vested as to one-quarter of the shares on September 11, 2017 and each one year anniversary thereafter. |