SEC Form 4 · accession 0001209191-17-010583
Gen Digital Inc. · GEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott C Taylor
Officer — EVP, Gen. Counsel & Secretary
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 5:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000849399
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 10, 2017 | M | 61,628 | $10.44 | A | 302,205 | D | |
| Common StockF1,F2 | Feb 10, 2017 | S | 37,430 | $29.1296 | D | 264,775 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $10.44 | Feb 10, 2017 | M | 61,628 | D | Jun 10, 2014 | Jun 10, 2017 | Common Stock | 61,628 | 10,372 | D |
Explanation of responses
- F1Represents the aggregate of sales effected on the same day at different prices.
- F2Represents the weighted average sales price per share. The shares sold at prices ranging from $29.10 to $29.17 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F3The option vested and became exercisable as to 25% on June 10, 2011, and then monthly thereafter through June 10, 2014.