Form 4 for STX Seagate Technology
Accepted 2022-10-24 00:00:00 ET · period of report 2022-10-20 · accession 0001137789-22-000106 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-10-24 | 2022-10-20 | STX | CANNON MICHAEL R | Dir | M - OptEx | $0.00 | +4,024 | 27.9K | +17% | $0 |
| D | 2022-10-24 | 2022-10-20 | STX | CANNON MICHAEL R | Dir | F - Tax | $53.03 | -1,449 | 26.5K | -5% | -$76.8K |
| D | 2022-10-24 | 2022-10-24 | STX | CANNON MICHAEL R | Dir | A - Grant | $0.00 | +4,840 | 4,840 | New | $0 |
| D | 2022-10-24 | 2022-10-20 | STX | CANNON MICHAEL R | Dir | M - OptEx | $0.00 | -4,024 | 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 | 2022-10-20 | M | A | 4,024 | $0.00 | 27,941 | D | — | — | |
| 2 | Common | Ordinary Shares | 2022-10-20 | F | D | 1,449 | $53.03 | 26,492 | D | — | — | (F1) These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs"). |
| 3 | Derivative | Restricted Share Unit | 2022-10-24 | A | A | 4,840 | $0.00 | 4,840 | D | $0.00 · — to — | 4,840 Ordinary Shares | (F3) Consists of a grant of restricted share units (RSUs) awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan for no consideration. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares will be released to the Reporting Person on the earlier of (i) one year from the date of grant and (ii) the date of the next annual general meeting of shareholders of the Issuer following the end of the fiscal year ending on June 30, 2023, provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting. |
| 4 | Derivative | Restricted Share Unit | 2022-10-20 | M | D | 4,024 | $0.00 | 0 | D | $0.00 · — to — | 4,024 Ordinary Shares | (F2) Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. The award vested one year from the date of grant following the end of the fiscal year ending July 1, 2022. |