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Gen Digital Inc. — Director's Dealing 2019
Jun 12, 2019
30336_dirs_2019-06-12_efad6e0d-93b3-47c6-8c83-bf8c9989aa41.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: 2019-06-10
Reporting Person: TAYLOR SCOTT C (EVP, Gen. Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-10 | Common Stock | A | 39770 | $0.00 | Acquired | 508132 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-12 | Performance-based Restricted Stock Units | $ | A | 67646 | Acquired | Common Stock (67646) | Direct |
Footnotes
F1: Represents shares that are issuable pursuant to restricted stock units. 30% vests on June 1, 2020, 30% vests on June 1, 2021 and 40% vests
on June 1, 2022.
F2: On December 10, 2018, the Reporting Person was granted PRUs with a target of 143,123 shares. The PRU provides that, depending on the Issuer's
achievement of the performance criteria for fiscal 2019, 0% to 200% of the target shares will be eligible to be earned at the end of fiscal 2019 (the "Grant 1 Eligible Shares"), subject to certain further adjustments, provided that the Reporting Person is employed by the Issuer through April 3, 2020. The performance criteria were partially satisfied, resulting in 67,646 shares becoming Grant 1 Eligible Shares for fiscal 2019. These shares vest 100% on April 3, 2020 subject to restrictions, including continued employment through such date.