Form 4 for STX Seagate Technology
Accepted 2024-09-11 00:00:00 ET · period of report 2024-07-20 · accession 0001137789-24-000107 · 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 | 2024-09-11 | 2024-09-09 | STX | Romano Gianluca | EVP, CFO | F - Tax | $101.34 | -7,504 | 54.4K | -12% | -$760.5K |
| DM | 2024-09-11 | 2024-09-09 | STX | Romano Gianluca | EVP, CFO | M - OptEx | $0.00 | +14.8K | 56.2K | +36% | $0 |
| DM | 2024-09-11 | 2024-07-20+ | STX | Romano Gianluca | EVP, CFO | A - Grant | $0.00 | +102.8K | 7,257 | New | $0 |
| DM | 2024-09-11 | 2024-09-09 | STX | Romano Gianluca | EVP, CFO | M - OptEx | $0.00 | -14.8K | 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 | 2024-09-09 | F | D | 485 | $101.34 | 59,961 | 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 | 2024-09-09 | M | A | 958 | $0.00 | 60,446 | D | — | — | |
| 3 | Common | Ordinary Shares | 2024-09-09 | F | D | 1,524 | $101.34 | 59,488 | 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. |
| 4 | Common | Ordinary Shares | 2024-09-09 | M | A | 3,016 | $0.00 | 61,012 | D | — | — | |
| 5 | Common | Ordinary Shares | 2024-09-09 | F | D | 3,668 | $101.34 | 57,996 | 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. |
| 6 | Common | Ordinary Shares | 2024-09-09 | M | A | 7,257 | $0.00 | 61,664 | D | — | — | |
| 7 | Common | Ordinary Shares | 2024-09-09 | F | D | 1,827 | $101.34 | 54,407 | 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. |
| 8 | Common | Ordinary Shares | 2024-09-09 | M | A | 3,614 | $0.00 | 56,234 | D | — | — | |
| 9 | Derivative | NQ Options | 2024-09-09 | A | A | 64,680 | $0.00 | 64,680 | D | $101.34 · — to 2031-09-09 | 64,680 Ordinary Shares | (F6) Options granted to the Reporting Person are subject to a four-year vesting schedule. Subject to continuous employment, one-quarter shall vest starting on September 9, 2025 and then in equal quarterly installments thereafter. |
| 10 | Derivative | Restricted Share Unit | 2024-09-09 | A | A | 24,250 | $0.00 | 24,250 | D | $0.00 · — to — | 24,250 Ordinary Shares | (F7) Consists of a grant of RSUs awarded to the reporting person subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter shall vest starting on September 9, 2025 and then in equal quarterly installments thereafter. |
| 11 | Derivative | Restricted Share Unit | 2024-09-09 | A | A | 3,035 | $0.00 | 3,035 | D | $0.00 · — to — | 3,035 Ordinary Shares | (F8) Consists of a grant of RSUs awarded to the Reporting Person. Subject to the Reporting Person's continuous employment, 100% shall vest on September 9, 2025. |
| 12 | Derivative | Performance-Based Restricted Share Units | 2024-07-20 | A | A | 3,614 | $0.00 | 3,614 | D | $0.00 · — to — | 3,614 Ordinary Shares | (F2) On July 20, 2024, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,614 of the 14,458 Threshold Performance Share Units granted to Mr. Romano on September 9, 2019. The 3,614 Ordinary Shares vested on September 9, 2024. |
| 13 | Derivative | Restricted Share Unit | 2024-09-09 | M | D | 3,016 | $0.00 | 3,017 | D | $0.00 · — to — | 3,016 Ordinary Shares | (F4) Consists of a grant of RSUs awarded to the Reporting Person subject to a four-year vesting schedule. 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. |
| 14 | Derivative | Performance-Based Restricted Share Units | 2024-09-09 | M | D | 3,614 | $0.00 | 0 | D | $0.00 · — to — | 3,614 Ordinary Shares | (F2) On July 20, 2024, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,614 of the 14,458 Threshold Performance Share Units granted to Mr. Romano on September 9, 2019. The 3,614 Ordinary Shares vested on September 9, 2024. |
| 15 | Derivative | Performance-Based Restricted Share Units | 2024-07-20 | A | A | 7,257 | $0.00 | 7,257 | D | $0.00 · — to — | 7,257 Ordinary Shares | (F3) On July 20, 2024, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 7,257 of the 14,515 Threshold Performance Share Units granted to Mr. Romano on September 9, 2020. The 7,257 Ordinary Shares vested on September 9, 2024. |
| 16 | Derivative | Restricted Share Unit | 2024-09-09 | M | D | 958 | $0.00 | 7,666 | D | $0.00 · — to — | 958 Ordinary Shares | (F5) Consists of a grant of RSUs awarded to the Reporting Person subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2023 and each quarter thereafter. |
| 17 | Derivative | Performance-Based Restricted Share Units | 2024-09-09 | M | D | 7,257 | $0.00 | 0 | D | $0.00 · — to — | 7,257 Ordinary Shares | (F3) On July 20, 2024, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 7,257 of the 14,515 Threshold Performance Share Units granted to Mr. Romano on September 9, 2020. The 7,257 Ordinary Shares vested on September 9, 2024. |