Form 4 for STX Seagate Technology
Accepted 2023-02-02 00:00:00 ET · period of report 2023-02-01 · accession 0001137789-23-000012 · 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 | 2023-02-02 | 2023-02-01 | STX | Nygaard Jeffrey D. | EVP, Ops, Technology | S - Sale+OE | $69.14 | -36.8K | 30.4K | -55% | -$2.54M |
| DM | 2023-02-02 | 2023-02-01 | STX | Nygaard Jeffrey D. | EVP, Ops, Technology | M - OptEx | $37.72 | +36.8K | 39.2K | +1,560% | +$1.39M |
| DM | 2023-02-02 | 2023-02-01 | STX | Nygaard Jeffrey D. | EVP, Ops, Technology | M - OptEx | $0.00 | -36.8K | 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 | 2023-02-01 | S | D | 161 | $71.05 | 30,360 | D | — | — | (F1) The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F6) These Ordinary Shares were sold in multiple trades at prices ranging from $71.03 to $71.06. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
| 2 | Common | Ordinary Shares | 2023-02-01 | M | A | 28,000 | $39.85 | 58,360 | D | — | — | (F1) The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| 3 | Common | Ordinary Shares | 2023-02-01 | S | D | 14,000 | $67.96 | 44,360 | D | — | — | (F1) The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F7) These Ordinary Shares were sold in multiple trades at prices ranging from $67.64 to $68.16. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
| 4 | Common | Ordinary Shares | 2023-02-01 | S | D | 3,159 | $70.51 | 30,521 | D | — | — | (F1) The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F5) These Ordinary Shares were sold in multiple trades at prices ranging from $69.95 to $70.86. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
| 5 | Common | Ordinary Shares | 2023-02-01 | M | A | 8,809 | $30.95 | 39,169 | D | — | — | (F1) The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F2) Includes 249 Ordinary Shares purchased by Reporting Person on January 31, 2023 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934. |
| 6 | Common | Ordinary Shares | 2023-02-01 | S | D | 3,200 | $68.44 | 35,969 | D | — | — | (F1) The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F3) These Ordinary Shares were sold in multiple trades at prices ranging from $67.82 to $68.81. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
| 7 | Common | Ordinary Shares | 2023-02-01 | S | D | 2,289 | $69.27 | 33,680 | D | — | — | (F1) The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F4) These Ordinary Shares were sold in multiple trades at prices ranging from $68.84 to $69.82. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
| 8 | Common | Ordinary Shares | 2023-02-01 | S | D | 14,000 | $70.12 | 30,360 | D | — | — | (F1) The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F8) These Ordinary Shares were sold in multiple trades at prices ranging from $70.00 to $70.40. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
| 9 | Derivative | NQ Options | 2023-02-01 | M | D | 28,000 | $0.00 | 12,301 | D | $39.85 · 2017-11-20 to 2024-11-20 | 28,000 Ordinary Shares | (F1) The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F10) Options granted to the Reporting Person under the Seagate Technology Holdings plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter ofthe options vested on November 20, 2017. The remaining options vested in equal monthly installments over the 36 months following November 20, 2017. |
| 10 | Derivative | NQ Options | 2023-02-01 | M | D | 8,809 | $0.00 | 0 | D | $30.95 · 2017-09-11 to 2024-09-11 | 8,809 Ordinary Shares | (F1) The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F9) Options granted to the Reporting Person under the Seagate Technology Holdings plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 11, 2017. The remaining options vested in equal monthly installments over the 36 months following September 11, 2017. |