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Gen Digital Inc. — Director's Dealing 2015
May 18, 2015
30336_dirs_2015-05-18_b7b3dbd3-049f-4129-86c7-effc23ae0482.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: SYMANTEC CORP (SYMC)
CIK: 0000849399
Period of Report: 2015-05-12
Reporting Person: Shirk Brett (EVP, Veritas Worldwide Sales)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 139002 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $18.50 | 2018-06-10 | Common Stock (2750) | Direct | |
| Performance-based Restricted Stock Units | $0.00 | Common Stock (10020) | Direct | ||
| Performance-based Restricted Stock Units | $0.00 | Common Stock (11424) | Direct |
Footnotes
F1: Includes shares that are issuable pursuant to restricted stock units (5,166 shares will vest annually in two equal installments beginning June 1, 2015; 7,500 shares will vest annually in two equal installments beginning December 1, 2015; 15,338 shares will vest annually in three equal installments beginning June 1, 2015; 32,493 shares will vest annually in three equal installments beginning March 1, 2016; 23,244 shares will vest annually in four equal installments beginning June 1, 2015; 32,056 shares will vest three installments beginning December 1, 2015; and 20,936 shares will vest in three installments beginning March 1, 2016).
F2: Mr. Shirk was granted an option to purchase shares on June 20, 2011. 25% vested on the first anniversary of the grant, and the remainder vests in equal monthly installments over the next 36 months.
F3: On May 20, 2013, the Reporting Person was granted performance-based restricted stock units (PRUs) with a target of 20,451 shares. The PRU provides that, depending on the Issuer's achievement of the performance criterion for fiscal 2014, 0% to 133% of the target shares will be eligible (the "Eligible Shares") to be earned at the end of fiscal 2015 and 2016, based on, and subject to further adjustment as a result of, the achievement of certain other performance criteria (but in no event will the Reporting Person earn less than 50% of the Eligible Shares), provided that the Reporting Person is employed by the Issuer through April 1, 2016. The performance criterion for fiscal 2014 was partially satisfied, resulting in 10,020 shares becoming Eligible Shares.
F4: On June 10, 2014, the Reporting Person was granted performance-based restricted stock units (PRUs), with a target of 23,244 shares. The PRU provides that, depending on the Issuer's achievement of the performance criterion for fiscal 2015, 0% to 133% of the target shares will be eligible (the "Eligible Shares") to be earned at the end of fiscal 2016 and 2017, based on, and subject to further adjustment as a result of, the achievement of certain other performance criteria (but in no event will the Reporting Person earn less than 50% of the Eligible Shares), provided that the Reporting Person is employed by the Issuer through March 31, 2017. The performance criterion for fiscal 2015 was partially satisfied, resulting in 11,424 shares becoming Eligible Shares.