UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April 20, 2024, the Compensation and People Committee of Seagate Technology Holdings plc (the “Company”) adopted the Ninth Amended and Restated Seagate Technology Executive Severance and Change in Control Plan (the “Severance Plan”), which along with certain other clarifications and administrative updates, incorporated a pro-rata bonus element for non-U.S. executives of the Company in the case of a termination event without a change in control.
This summary is qualified in its entirety by reference to the full text of the Severance Plan, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
The following exhibit is attached to this Current Report on Form 8-K:
| Exhibit No. |
Description | |
| 10.1 | Ninth Amended and Restated Seagate Technology Executive Severance and Change in Control Plan | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY | ||||||
| Date: April 25, 2024 | By: | /s/ Laurie Webb | ||||
| Name: | Laurie Webb | |||||
| Title: | Vice President, Interim Chief Legal Officer and Company Secretary | |||||