Gianluca Romano - Sep 9, 2023 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role: EVP & CFO
Signature: /s/ Steven M. Haines, Attorney-in-Fact for Gianluca Romano
Stock symbol: STX
Transactions as of: Sep 9, 2023
Transactions value $: -$370,125
Form type: 4
Date filed: 9/12/2023, 09:27 PM
Previous filing: Feb 24, 2023
Next filing: Sep 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STX	Ordinary Shares	Options Exercise	$0	+3.02K	+4.57%	$0.00	69K	Sep 9, 2023	Direct	F1
transaction	STX	Ordinary Shares	Tax liability	-$97.8K	-1.5K	-2.17%	$65.37	67.5K	Sep 9, 2023	Direct	F2
transaction	STX	Ordinary Shares	Options Exercise	$0	+4.57K	+6.77%	$0.00	72.1K	Sep 9, 2023	Direct
transaction	STX	Ordinary Shares	Tax liability	-$148K	-2.27K	-3.14%	$65.37	69.8K	Sep 9, 2023	Direct	F2
transaction	STX	Ordinary Shares	Options Exercise	$0	+3.83K	+5.49%	$0.00	73.7K	Sep 9, 2023	Direct
transaction	STX	Ordinary Shares	Tax liability	-$124K	-1.9K	-2.58%	$65.37	71.8K	Sep 9, 2023	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	STX	Restricted Share Unit	Options Exercise	$0	-3.02K	-33.33%	$0.00	6.03K	Sep 9, 2023	Ordinary Shares	3.02K		Direct	F3, F4
transaction	STX	Restricted Share Unit	Options Exercise	$0	-4.57K	-100%	$0.00^*	0	Sep 9, 2023	Ordinary Shares	4.57K		Direct	F3, F5
transaction	STX	Restricted Share Unit	Options Exercise	$0	-3.83K	-25%	$0.00	11.5K	Sep 9, 2023	Ordinary Shares	3.83K		Direct	F3, F6
transaction	STX	Restricted Share Unit	Award	$0	+27.1K		$0.00	27.1K	Sep 11, 2023	Ordinary Shares	27.1K	$0.00	Direct	F7
transaction	STX	NQ Options	Award	$0	+72.3K		$0.00	72.3K	Sep 11, 2023	Ordinary Shares	72.3K	$64.31	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 74 Ordinary Shares purchased by Reporting Person on July 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.
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.
F3	Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share of the Issuer.
F4	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, 2022 and each one-year anniversary thereafter.
F5	Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest in full on September 9, 2023.
F6	Consists of a grant of RSUs awarded to the Reporting Person under the 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.
F7	Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 11, 2024 and then in equal quarterly installments thereafter.
F8	Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options will vest on September 11, 2024 and the remaining options vest in equal monthly installments over the 36 months following September 11, 2024.