Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Gen Digital Inc. Director's Dealing 2016

May 11, 2016

30336_dirs_2016-05-11_bcf1a06b-d47a-4b84-b0cc-e45dff45d4bf.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYMANTEC CORP (SYMC)
CIK: 0000849399
Period of Report: 2016-05-09

Reporting Person: SEIFERT THOMAS J (EVP & Chief Financial Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-05-09 Performance-based Restricted Stock Units $ A 27331 Acquired Common Stock (27331) Direct
2016-05-09 Performance-based Restricted Stock Units $ A 43774 Acquired Common Stock (43774) Direct

Footnotes

F1: Represents performance-based restricted stock units (PRUs) originally reported by the reporting person in a Form 4 filed with the Commission on May 13, 2015.

F2: On June 10, 2015, the Reporting Person was granted PRUs with a target of 107,819 shares. The PRU provides that, depending on the Issuer's achievement of the performance criterion for fiscal 2016, 0% to 133% of the target shares will be eligible (the "Eligible Shares") to be earned at the end of fiscal 2017 and 2018, based on, and subject to further adjustments 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 30, 2018. The performance criterion for fiscal 2016 was partially satisfied, resulting in 43,774 shares becoming Eligible Shares.