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Gen Digital Inc. — Director's Dealing 2022
May 4, 2022
30336_dirs_2022-05-04_a1296a07-6732-4026-8900-a4aaaff2ac91.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NortonLifeLock Inc. (NLOK)
CIK: 0000849399
Period of Report: 2022-05-02
Reporting Person: KO BRYAN SEUK (CLO & Head Corp Aff)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-02 | Common Stock | M | 150132 | $25.39 | Acquired | 388783 | Direct |
| 2022-05-02 | Common Stock | F | 71200 | $25.39 | Disposed | 317583 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-02 | Performance-Based Restricted Stock Units | $ | M | 150132 | Disposed | Common Stock (150132) | Direct | |
| 2022-05-02 | Performance-Based Restricted Stock Units | $ | A | 150132 | Acquired | Common Stock (150132) | Direct |
Footnotes
F1: Shares withheld by NortonLifeLock to satisfy tax withholding requirements on vesting of performance-based restricted stock units (PRUs). No shares were sold.
F2: On January 10, 2020, Mr. Ko was granted 77,764 shares of performance-based restricted stock units (PRUs). The PRUs vest based on NortonLifeLock's performance in achieving target total shareholder return (TSR) and peer rank over the three-year fiscal period beginning on March 30, 2019 and ending April 1, 2022 as determined by the Compensation and Leadership Development Committee up to 200%. The performance criteria was determined to have been met at 193.06% of the target, resulting in vesting of 150,132 PRUs.