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Gen Digital Inc. — Director's Dealing 2012
Oct 23, 2012
30336_dirs_2012-10-23_f1ce7e47-7bda-4729-94aa-a345567539dd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SYMANTEC CORP (SYMC)
CIK: 0000849399
Period of Report: 2012-08-19
Reporting Person: BENNETT STEPHEN M (Director, Chairman, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-10-22 | Common Stock | M | 150000 | $0.00 | Acquired | 287919 | Indirect |
| 2012-10-22 | Common Stock | F | 64250 | $17.33 | Disposed | 223669 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-19 | Performance Contingent Stock Units | $ | A | 450000 | Acquired | Common Stock (450000) | Direct | |
| 2012-10-22 | Performance Contingent Stock Units | $ | M | 150000 | Disposed | Common Stock (150000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 115000 | Direct |
Footnotes
F1: Each Performance Contingent Stock Unit (PCSU) represents a contingent stock right to receive one share of the Company's common stock. The PCSUs vest and settle in increments of 150,000 shares if at the end of any fiscal quarter during fiscal years 2013 -2015, the volume weighted average closing price per share of the Company's common stock is at or above $18.00, $20.00 or $22.00, as applicable for the corresponding increment.
F2: Each PCSU represented a contingent stock right to receive one share of the Company's common stock upon the Company's common stock achieving a volume weighted average closing price per share of at or above $18.00.