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Gen Digital Inc. — Director's Dealing 2016
Aug 3, 2016
30336_dirs_2016-08-03_48b7d2b2-4cef-4e57-ba7e-15a7b1eea787.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: Fey Michael David (President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-01 | Common Stock | A | 173410 | $0.00 | Acquired | 173410 | Direct |
| 2016-08-01 | Common Stock | A | 102329 | $0.00 | Acquired | 275739 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-01 | Employee Stock Option (right to buy) | $1.69 | A | 79287 | Acquired | 2025-05-22 | Common Stock (79287) | Direct |
| 2016-08-01 | Employee Stock Option (right to buy) | $6.73 | A | 2601625 | Acquired | 2025-09-09 | Common Stock (2601625) | Direct |
Footnotes
F1: 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 98,699.62 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 30% on August 1, 2017, 30% on August 1, 2018, and 40% on August 1, 2019.
F2: Shares acquired pursuant to the Merger. The Reporting Person held 58,242.65 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 30% on August 1, 2017, 30% on August 1, 2018, and 40% on August 1, 2019.
F3: The option is fully vested.
F4: Acquired pursuant to the Merger. The Reporting Person held an employee stock option to acquire 53,333.33 shares of Blue Coat common stock for $2.50 per share that was exchanged for this option to purchase shares of common stock of Symantec in the Merger
F5: The option vests and becomes exercisable in equal monthly installments over a period of two years, beginning August 1, 2016.
F6: Acquired pursuant to the Merger. The Reporting Person held an employee stock option to acquire 1,750,000 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.