Home/Filings/4/0001418812-21-000058

4//SEC Filing

ValueAct Holdings GP, LLC 4

Accession 0001418812-21-000058

CIK 0001137789other

View on SEC.gov Company Profile

Filed

Oct 21, 8:00 PM ET

Accepted

Oct 22, 8:16 PM ET

Size

28.1 KB

Accession

0001418812-21-000058

Insider Transaction Report

Form 4

Period: 2021-10-20

Seagate Technology Holdings plcSTX

Haggart Dylan G.

Director

Transactions

Award
Restricted Share Unit
2021-10-20+3,162→ 3,162 total
Exercise: $0.00→ Ordinary Shares (3,162 underlying)
Exercise/Conversion
Ordinary Shares
2021-10-20+5,847→ 5,847 total
Tax Payment
Ordinary Shares
2021-10-20$80.53/sh−2,105$169,516→ 3,742 total
Exercise/Conversion
Restricted Share Unit
2021-10-20−5,847→ 0 total
Exercise: $0.00→ Ordinary Shares (5,847 underlying)

Holdings

Ordinary Shares
(indirect: See footnotes.)
17,377,070

ValueAct Holdings, L.P.

DirectorOther

Transactions

Exercise/Conversion
Restricted Share Unit
2021-10-20−5,847→ 0 total
Exercise: $0.00→ Ordinary Shares (5,847 underlying)
Exercise/Conversion
Ordinary Shares
2021-10-20+5,847→ 5,847 total
Award
Restricted Share Unit
2021-10-20+3,162→ 3,162 total
Exercise: $0.00→ Ordinary Shares (3,162 underlying)
Tax Payment
Ordinary Shares
2021-10-20$80.53/sh−2,105$169,516→ 3,742 total

Holdings

Ordinary Shares
(indirect: See footnotes.)
17,377,070

ValueAct Capital Master Fund, L.P.

DirectorOther

Transactions

Tax Payment
Ordinary Shares
2021-10-20$80.53/sh−2,105$169,516→ 3,742 total
Exercise/Conversion
Ordinary Shares
2021-10-20+5,847→ 5,847 total
Award
Restricted Share Unit
2021-10-20+3,162→ 3,162 total
Exercise: $0.00→ Ordinary Shares (3,162 underlying)
Exercise/Conversion
Restricted Share Unit
2021-10-20−5,847→ 0 total
Exercise: $0.00→ Ordinary Shares (5,847 underlying)

Holdings

Ordinary Shares
(indirect: See footnotes.)
17,377,070

VA Partners I, LLC

DirectorOther

Transactions

Award
Restricted Share Unit
2021-10-20+3,162→ 3,162 total
Exercise: $0.00→ Ordinary Shares (3,162 underlying)
Exercise/Conversion
Restricted Share Unit
2021-10-20−5,847→ 0 total
Exercise: $0.00→ Ordinary Shares (5,847 underlying)
Tax Payment
Ordinary Shares
2021-10-20$80.53/sh−2,105$169,516→ 3,742 total
Exercise/Conversion
Ordinary Shares
2021-10-20+5,847→ 5,847 total

Holdings

Ordinary Shares
(indirect: See footnotes.)
17,377,070

ValueAct Capital Management, LLC

DirectorOther

Transactions

Tax Payment
Ordinary Shares
2021-10-20$80.53/sh−2,105$169,516→ 3,742 total
Exercise/Conversion
Ordinary Shares
2021-10-20+5,847→ 5,847 total
Exercise/Conversion
Restricted Share Unit
2021-10-20−5,847→ 0 total
Exercise: $0.00→ Ordinary Shares (5,847 underlying)
Award
Restricted Share Unit
2021-10-20+3,162→ 3,162 total
Exercise: $0.00→ Ordinary Shares (3,162 underlying)

Holdings

Ordinary Shares
(indirect: See footnotes.)
17,377,070

ValueAct Capital Management, L.P.

DirectorOther

Transactions

Exercise/Conversion
Restricted Share Unit
2021-10-20−5,847→ 0 total
Exercise: $0.00→ Ordinary Shares (5,847 underlying)
Exercise/Conversion
Ordinary Shares
2021-10-20+5,847→ 5,847 total
Tax Payment
Ordinary Shares
2021-10-20$80.53/sh−2,105$169,516→ 3,742 total
Award
Restricted Share Unit
2021-10-20+3,162→ 3,162 total
Exercise: $0.00→ Ordinary Shares (3,162 underlying)

Holdings

Ordinary Shares
(indirect: See footnotes.)
17,377,070

ValueAct Holdings II, L.P.

Director10% OwnerOther

Transactions

Exercise/Conversion
Restricted Share Unit
2021-10-20−5,847→ 0 total
Exercise: $0.00→ Ordinary Shares (5,847 underlying)
Tax Payment
Ordinary Shares
2021-10-20$80.53/sh−2,105$169,516→ 3,742 total
Award
Restricted Share Unit
2021-10-20+3,162→ 3,162 total
Exercise: $0.00→ Ordinary Shares (3,162 underlying)
Exercise/Conversion
Ordinary Shares
2021-10-20+5,847→ 5,847 total

Holdings

Ordinary Shares
(indirect: See footnotes.)
17,377,070

ValueAct Holdings GP, LLC

DirectorOther

Transactions

Tax Payment
Ordinary Shares
2021-10-20$80.53/sh−2,105$169,516→ 3,742 total
Exercise/Conversion
Ordinary Shares
2021-10-20+5,847→ 5,847 total
Exercise/Conversion
Restricted Share Unit
2021-10-20−5,847→ 0 total
Exercise: $0.00→ Ordinary Shares (5,847 underlying)
Award
Restricted Share Unit
2021-10-20+3,162→ 3,162 total
Exercise: $0.00→ Ordinary Shares (3,162 underlying)

Holdings

Ordinary Shares
(indirect: See footnotes.)
17,377,070

Footnotes (6)

[F1]The ValueAct entities referred to in this footnote 1 are collectively referred to herein as "ValueAct Capital." Under an agreement with ValueAct Capital, Dylan G. Haggart is deemed to hold the shares for the benefit of the limited partners of ValueAct Capital Master Fund, L.P. and indirectly for (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P., (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P., (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the majority owner of the membership interests of VA Partners I, LLC, (v) ValueAct Holdings II, L.P. as the sole owner of the membership interests of ValueAct Capital Management, LLC and as the majority owner of the limited partnership interests of ValueAct Capital Management, L.P., and (vi) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P. and ValueAct Holdings II, L.P.
[F2]Each reporting person listed herein disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
[F3]These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
[F4]The securities reported herein are held by ValueAct Capital Master Fund, L.P. and may be deemed to be indirectly beneficially owned by (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P., (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P., (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the majority owner of the membership interests of VA Partners I, LLC, (v) ValueAct Holdings II, L.P. as the sole owner of the membership interests of ValueAct Capital Management, LLC and as the majority owner of the limited partnership interests of ValueAct Capital Management, L.P., and (vi) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P. and ValueAct Holdings II, L.P.
[F5]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.
[F6]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.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

Seagate Technology Holdings plc

CIK 0001137789

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001418813

Filing Metadata

Form type: 4
Filed: Oct 21, 8:00 PM ET
Accepted: Oct 22, 8:16 PM ET
Size: 28.1 KB

View on SEC.gov