SEC Form 4 · accession 0001209191-18-062000
Gen Digital Inc. · GEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas R Noviello
Officer — EVP & Chief Financial Officer
Period of report
Dec 10, 2018
Accepted (ET)
Dec 11, 2018 · 4:33 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 StockF1 | Dec 10, 2018 | A | 95,416 | $0.00 | A | 548,540 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-based Restricted Stock UnitsF2 | — | holding | — | — | — | — | — | Common Stock | 44,184 | 44,184 | D |
| Performance-based Restricted Stock UnitsF2 | — | holding | — | — | — | — | — | Common Stock | 40,025 | 40,025 | D |
| Non-Qualified Stock OptionsF3 | $8.35 | holding | — | — | — | — | Jan 27, 2026 | Common Stock | 1,107,183 | 1,107,183 | D |
Explanation of responses
- F1Represents shares that are issuable pursuant to restricted stock units. 30% vests on June 1, 2019, 30% vests on June 1, 2020 and 40% vests on June 1, 2021.
- F2Represents performance-based restricted stock units (PRUs) originally reported by the reporting person in a Form 4 filed with the Commission on October 3, 2018.
- F3370,445 options were fully vested as of August 1, 2016. The remaining options vest and become exercisable in equal monthly installments over a period of two years, beginning August 1, 2016. No transaction is reported. The amount of securities held following the reported transaction is included for information purposes only.