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Gen Digital Inc. Director's Dealing 2018

Oct 3, 2018

30336_dirs_2018-10-03_9ff23cdc-55b4-4078-8323-4381c6c2f4d2.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: 2018-10-01

Reporting Person: TAYLOR SCOTT C (EVP, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-10-01 Common Stock M 490802 $20.56 Acquired 652683 Direct
2018-10-01 Common Stock F 243341 $20.56 Disposed 409342 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-10-01 Performance-based Restricted Stock Units $ M 76515 Disposed Common Stock (76515) Direct
2018-10-01 Performance-based Restricted Stock Units $ M 414287 Disposed Common Stock (414287) Direct
2018-10-01 Performance-based Restricted Stock Units $ A 30160 Acquired Common Stock (30160) Direct
2018-10-01 Performance-based Restricted Stock Units $ A 25730 Acquired Common Stock (25730) Direct

Footnotes

F1: Shares withheld by Symantec Corporation ("Symantec") to satisfy tax withholding requirements on vesting of performance-based restricted stock units (PRUs). No shares were sold.

F2: Represents performance-based restricted stock units (PRUs) originally reported by the reporting person in a Form 4 filed with the Commission on
May 11, 2016.

F3: On June 10, 2016, the Reporting Person was granted PRUs with a target of 165,715 shares. The PRU provides that, depending on the Issuer's
achievement of the performance criterion for fiscal 2018, 0% to 300% of the target shares will be eligible (the "Grant 1 Eligible Shares")
to be earned. 0% to 250% of the Grant 1 Eligible Shares were eligible to be earned at the end of fiscal 2018, subject to certain further adjustments, provided that the Reporting Person is employed by the Issuer through March 30, 2018. The additional up to 50% of the Grant 1 Eligible Shares are eligible to be earned at the end of the fiscal 2019 provided that the Reporting Person is employed by the Issuer on March 29, 2019. The performance criterion was partially satisfied, resulting in 414,287 shares becoming Grant 1 Eligible Shares for fiscal 2018 and were earned by the Reporting Person. Additionally, 30,160 shares became Grant 1 Eligible Shares for fiscal 2019.

F4: On June 9, 2017, the Reporting Person was granted PRUs with a target of 101,902 shares. The PRU provides that, depending on the Issuer's achievement of the performance criterion for fiscal 2018, 0% to 200% of the 50% of the target shares will be eligible ("Grant 2 Eligible Shares") to be earned at the end of fiscal 2020, based on, and subject to further adjustments with respect to the other 50% of the target shares as a result of, the achievement of certain other performance criteria, provided that the Reporting Person is employed by the Issuer through April 3, 2020. The performance criterion for fiscal 2018 was partially satisfied, resulting in 25,730 shares becoming Grant 2 Eligible Shares.