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Gen Digital Inc. — Director's Dealing 2017
May 24, 2017
30336_dirs_2017-05-24_7873f507-7fd9-4c9b-863f-115d5fdeb09f.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: 2017-05-22
Reporting Person: Divol Roxane (EVP and GM, Website Security)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-22 | Common Stock | M | 29246 | $29.58 | Acquired | 145870 | Direct |
| 2017-05-22 | Common Stock | F | 12183 | $29.58 | Disposed | 133687 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-22 | Performance-based Restricted Stock Units | $ | M | 29246 | Disposed | Common Stock (29246) | Direct | |
| 2017-05-22 | Performance-based Restricted Stock Units | $ | A | 6080 | Acquired | Common Stock (6080) | Direct |
Footnotes
F1: 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 "Grant 1 Eligible Shares") to be earned at the end of fiscal 2016 and 2017, 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 31, 2017. The performance criterion for fiscal 2016 was partially satisfied, resulting in 17,822 shares becoming Grant 1 Eligible Shares. The performance criterion for fiscal 2017 was satisfied, resulting in an additional 11,424 shares becoming Grant 1 Eligible Shares.
F2: On June 10, 2015, the Reporting Person was granted PRUs with a target of 14,975 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 "Grant 2 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 6,079 shares becoming Grant 2 Eligible Shares. The performance criterion for fiscal 2017 was partially satisfied, resulting in an additional 6,080 shares becoming Grant 2 Eligible Shares.