SEC Form 4 · accession 0001628280-17-001239

LIFELOCK, INC. · LOCK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 9, 2017

Accepted (ET)

Feb 13, 2017 · 6:08 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001383871

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
COMMON STOCK^F1,F2	Feb 9, 2017	D	32,224	—	D	6,637	D
COMMON STOCK^F1,F3	Feb 9, 2017	D	6,637	—	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
EMPLOYEE STOCK OPTION (RIGHT TO BUY)^F4	$3.01	Feb 9, 2017	D	50,000	D	—	Mar 3, 2020	COMMON STOCK	50,000	0	D
EMPLOYEE STOCK OPTION (RIGHT TO BUY)^F4	$9.00	Feb 9, 2017	D	33,111	D	—	Oct 2, 2022	COMMON STOCK	33,111	0	D

F1On November 20, 2016, LifeLock, Inc. (the "Issuer") entered into an Agreement and Plan of Merger (the "Merger Agreement"), as amended on January 16, 2017, with Symantec Corporation (the "Acquiror") and L1116 Merger Sub, Inc., a wholly-owned subsidiary of the Acquiror. Upon completion of the merger of the Issuer and L1116 Merger Sub, Inc. (the "Closing"), the Reporting Person's shares of the Issuer's Common Stock were cancelled and converted into the right to receive $24 in cash, without interest, (the "Merger Consideration").
F2Common Stock cancelled and converted into the right to receive an amount in cash equal to the product of the aggregate number of shares of this Common Stock and the Merger Consideration.
F3Consists of 3,319 vested restricted stock units ("RSUs") not settled prior to Closing and 3,318 unvested RSUs. Upon Closing, all vested and unvested RSUs held by non-employee directors of the Issuer were cancelled and converted into the right to receive the Merger Consideration.
F4Upon the Closing, vested options were cancelled and converted into the right to receive an amount of cash equal to the number of shares subject to the option multiplied by the difference between the Merger Consideration and the applicable option exercise price.