Nygaard Jeffrey D.'s Form 4/A amendment
AmendedSeagate Technology Holdings plc (STX) · filed Jan 10, 2022
- Accession no.
- 0001137789-22-000006
- Filed
- Jan 10, 2022
- Trade date
- Jan 5, 2022
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Jan 6, 2022
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $364.9K. It was filed 5 days after the trade.
This amendment replaces 0001137789-22-000004 (filed Jan 6, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Nygaard Jeffrey D.CIK 0001720273 | Officer (Executive Vice President) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 5, 2022 | Ordinary Shares | MOption exerciseAcquired | +3,158 | $36.09 | +$113,972.22 | 3,158 | Direct | |
| Jan 5, 2022 | Ordinary Shares | SSaleDisposed | −1,231 | $115.12F3 | −$141,712.72 | 1,927 | Direct | |
| Jan 5, 2022 | Ordinary Shares | SSaleDisposed | −1,927 | $115.82F4 | −$223,185.14 | 0 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 5, 2022 | Ordinary Shares | MOption exerciseDisposed | −3,158 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2
This amendment is being filed to correct errors relating to the transfer of Ordinary Shares by the Reporting Person to the Jeffery D. Nygaard Revocable Trust U/A Dated August 17, 2009 on November 23, 2021.
- F3
These Ordinary Shares were sold in multiple trades at prices ranging from $114.33 to $115.32. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F4
These Ordinary Shares were sold in multiple trades at prices ranging from $115.42 to $116.21. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F5
On November 23, 2021, the Reporting Person transferred 12,470 Ordinary Shares previously owned directly to the Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009.
- F6
Options granted to the Reporting Person under the Seagate Technology Holdings plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, 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.