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Gen Digital Inc. — Director's Dealing 2015
May 13, 2015
30336_dirs_2015-05-13_78270553-84d1-47e4-93a3-59f5b23586b3.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: 2015-05-11
Reporting Person: SEIFERT THOMAS J (EVP & Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-05-11 | Performance-based Restricted Stock Units | $ | A | 48804 | Acquired | Common Stock (48804) | Direct |
Footnotes
F1: On June 10, 2014, the Reporting Person was granted performance-based restricted stock units (PRUs), with a target of 99,298 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 48,804 shares becoming Eligible Shares.