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Gen Digital Inc. Director's Dealing 2016

Aug 3, 2016

30336_dirs_2016-08-03_5a367fab-c6d3-4cd3-8252-fa416a23d131.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: 2016-08-01

Reporting Person: Clark Gregory S. (Director, CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-08-01 Common Stock A 207907 Acquired 207907 Indirect
2016-08-01 Common Stock A 2121613 Acquired 2329520 Indirect
2016-08-01 Common Stock A 433526 $0.00 Acquired 2763046 Direct
2016-08-01 Common Stock A 433526 $0.00 Acquired 3196572 Direct
2016-08-01 Common Stock A 260115 $0.00 Acquired 3456687 Direct
2016-08-01 Common Stock A 152028 $0.00 Acquired 3608715 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-08-01 Employee Stock Option (right to buy) $6.73 A 3865271 Acquired 2025-09-09 Common Stock (3865271) Direct

Footnotes

F1: Shares acquired pursuant to the Restricted Stock Reinvestment Agreement, dated as of June 12, 2016 with Symantec Corporation ("Symantec"). Shares will vest in equal monthly installments beginning August 30, 2016 and ending on October 30, 2019.

F2: Shares acquired pursuant to the LLC Reinvestment Agreement, dated as of June 12, 2016 with Symantec.

F3: Shares acquired pursuant to the merger (the "Merger") in which a wholly owned subsidiary of Symantec was merged with and into Blue Coat, Inc. ("Blue Coat"). The Reporting Person held 246,749.05 restricted stock units to acquire Blue Coat common stock that were exchanged for restricted stock units to acquire Symantec common stock in the Merger. On the effective date of the Merger, the closing price of Symantec's common stock was $20.55 per share. Shares to vest fully in one installment on November 12, 2016.

F4: Shares acquired pursuant to the Merger. The Reporting Person held 246,749.05 restricted stock units to acquire Blue Coat common stock that were exchanged for restricted stock units to acquire Symantec common stock in the Merger. On the effective date of the Merger, the closing price of Symantec's common stock was $20.55 per share. Shares to vest fully in one installment on November 12, 2017.

F5: Shares acquired pursuant to the Merger. The Reporting Person held restricted stock units to acquire 148,049.43 shares of common stock of Blue Coat that were exchanged for restricted stock units to acquire Symantec common stock in the Merger. On the effective date of the Merger, the closing price of Symantec's common stock was $20.55 per share. Shares to vest 30% on August 1, 2017, 30% on August 1, 2018, and 40% on August 1, 2019.

F6: Shares acquired pursuant to the Merger. The Reporting Person held restricted stock units to acquire 86,529.96 shares of common stock of Blue Coat that were exchanged for restricted stock units to acquire Symantec common stock in the Merger. On the effective date of the Merger, the closing price of Symantec's common stock was $20.55 per share. Shares to vest 30% on August 1, 2017, 30% on August 1, 2018, and 40% on August 1, 2019.

F7: The option vests and becomes exercisable in equal monthly installments over a period of two years, beginning August 1, 2016.

F8: Acquired pursuant to the Merger. The Reporting Person held an employee stock option to acquire 2,600,000 shares of Blue Coat common stock for $10.00 per share that was exchanged for this option to purchase shares of common stock of Symantec in the Merger.