Arumugavelu Shankar 4
4 · Seagate Technology Holdings plc · Filed Oct 22, 2021
Insider Transaction Report
Form 4
Arumugavelu Shankar
Director
Transactions
- Tax Payment
Ordinary Shares
2021-10-20$80.53/sh−1,043$83,993→ 1,853 total - Award
Restricted Share Unit
2021-10-20+3,162→ 3,162 totalExercise: $0.00→ Ordinary Shares (3,162 underlying) - Exercise/Conversion
Ordinary Shares
2021-10-20+2,896→ 2,896 total - Exercise/Conversion
Restricted Share Unit
2021-10-20−2,896→ 0 totalExercise: $0.00→ Ordinary Shares (2,896 underlying)
Footnotes (3)
- [F1]These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
- [F2]Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. The award vested on the date of the annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending July 2, 2021.
- [F3]Consists of a grant of 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 the shareholders of the Issuer following the end of the fiscal year ending on July 1, 2022 provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.