Sohaib Abbasi - May 15, 2021 Form 4 Insider Report for McAfee Corp. (MCFE)

Role
Director
Signature
/s/ Jared Ross, as Attorney-in-Fact
Stock symbol
MCFE
Transactions as of
May 15, 2021
Transactions value $
$20,615
Form type
4
Date filed
5/18/2021, 05:00 PM
Next filing
Jun 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCFE Class A Common Stock Award $20.6K +868 +1.15% $23.75 76.1K May 15, 2021 By trust F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Class A Common Stock issued to the Reporting Person in lieu of a cash retainer payable to the Reporting Person in connection with service on the Board of Directors of the Issuer.
F2 The Reporting Person has previously reported awards of Restricted Stock Units ("RSUs") in Table II of Form 4. The total reported in Column 5 includes 7,267 RSUs previously reported in Table II and 68,875 shares of Class A common stock, in each case after giving effect to the issuance referenced in footnote 1.
F3 Shares beneficially owned by Sohaib Abbasi, trustee of the Abbasi Family Trust - 2000 dated 11/30/2000. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.

Remarks:

Mr. Ross is signing on behalf of the Reporting Person pursuant to a Limited Power of Attorney dated October 21 2020, which was previously filed with the Securities and Exchange Commission.