Form 4 for STX Seagate Technology
Accepted 2023-12-12 00:00:00 ET · period of report 2023-12-08 · accession 0001137789-23-000148 · 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 | 2023-12-12 | 2023-12-08+ | STX | MOSLEY WILLIAM D | CEO, Dir | S - Sale+OE | $80.21 | -154.6K | 669.0K | -19% | -$12.40M |
| DM | 2023-12-12 | 2023-12-08+ | STX | MOSLEY WILLIAM D | CEO, Dir | M - OptEx | $30.39 | +156.0K | 822.1K | +23% | +$4.74M |
| DM | 2023-12-12 | 2023-12-08+ | STX | MOSLEY WILLIAM D | CEO, Dir | M - OptEx | $0.00 | -156.0K | 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 | 2023-12-09 | S | D | 1,396 | $80.59 | 670,378 | D | — | — | (F2) 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 | 2023-12-09 | M | A | 2,814 | $0.00 | 671,774 | D | — | — | |
| 3 | Common | Ordinary Shares | 2023-12-08 | S | D | 153,188 | $80.21 | 668,960 | D | — | — | (F1) The option exercise and sale of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 1, 2023, by the Reporting Person. |
| 4 | Common | Ordinary Shares | 2023-12-08 | M | A | 153,188 | $30.95 | 822,148 | D | — | — | |
| 5 | Derivative | Restricted Share Unit | 2023-12-09 | M | D | 2,814 | $0.00 | 30,959 | D | — · — to — | 2,814 Ordinary Shares | (F4) Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share of the Issuer. (F5) Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2023 and then in equal quarterly installments thereafter. |
| 6 | Derivative | NQ Options | 2023-12-08 | M | D | 153,188 | $0.00 | 0 | D | $30.95 · 2018-09-11 to 2024-09-11 | 153,188 Ordinary Shares | (F3) Options granted to the Reporting Person under the Issuer's 2012 Equity Incentive Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 9, 2017, the remaining options vested in equal monthly installments over the 36 months following September 9, 2017. |