Gen Digital Inc. — Director's Dealing 2020

Dec 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NortonLifeLock Inc. (NLOK)
CIK: 0000849399
Period of Report: 2020-12-09

Reporting Person: Pilette Vincent (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-09	Common Stock	M	515530	$19.49	Acquired	1273119	Direct
2020-12-09	Common Stock	F	462544	$19.49	Disposed	810575	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-09	Performance-based Restricted Stock Units	$	M	515530	Disposed		Common Stock (515530)	Direct
2020-12-09	Performance-based Restricted Stock Units	$	A	515530	Acquired		Common Stock (515530)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	620477	Indirect

Footnotes

F1: Shares withheld by NortonLifeLock Inc. to satisfy tax withholding requirements on vesting of performance-based restricted stock units (PRUs) and restricted stock units (RSUs). No shares were sold.

F2: On August 21, 2019, the Company's Board of Directors approved an enhanced severance and retention agreement (the "Broadcom Retention Plan") for the Reporting Person which amended the conditions of certain of his then outstanding equity grants. Under the Broadcom Retention Plan, 343,685 shares (the "Target Shares") became subject to performance-based vesting, which were subject to vest following a transition period no later than December 31, 2020, as set forth therein. Under the Broadcom Retention Plan, 0% to 150% of the Target Shares were eligible to be earned once the performance criteria has been met. The Board of Directors certified that the criteria was fully satisfied at 150%.