SEC Form 4 · accession 0001209191-17-051063
Gen Digital Inc. · GEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory S. Clark
Officer — CEO · Director
Period of report
Aug 31, 2017
Accepted (ET)
Sep 1, 2017 · 4:36 pm EDT
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 | Aug 31, 2017 | M | 13,567 | $6.73 | A | 1,148,805 | D | |
| Common Stock | Aug 31, 2017 | S | 13,567 | $30.00 | D | 1,135,238 | D | |
| Common Stock | holding | — | — | — | 207,907 | I | Gregory S Clark TR UA 01/29/2016 Gregory S Clark Living Trust | |
| Common Stock | holding | — | — | — | 2,121,613 | I | GSC-OZ Investment LLC |
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)F2 | $6.73 | Aug 31, 2017 | M | 13,567 | D | — | Sep 9, 2025 | Common Stock | 13,567 | 3,665,271 | D |
Explanation of responses
- F1The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 31, 2017.
- F2The option vests and becomes exercisable in equal monthly installments over a period of two years, beginning August 1, 2016.