Peter A. Feld - 17 May 2021 Form 4 Insider Report for NortonLifeLock Inc. (GEN)

Role
Director
Signature
/s/ Peter A. Feld
Issuer symbol
GEN
Transactions as of
17 May 2021
Net transactions value
-$11,037,069
Form type
4
Filing time
19 May 2021, 21:05:30 UTC
Previous filing
14 May 2021
Next filing
01 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEN Common Stock, $0.01 Par Value Sale $3,814,854 -144,302 -1.7% $26.44 8,131,128 18 May 2021 By Starboard Value and Opportunity Master Fund Ltd F1, F2
transaction GEN Common Stock, $0.01 Par Value Sale $2,552,607 -96,201 -1.2% $26.53 8,034,927 18 May 2021 By Starboard Value and Opportunity Master Fund Ltd F1, F2
transaction GEN Common Stock, $0.01 Par Value Sale $685,713 -25,938 -1.7% $26.44 1,461,607 18 May 2021 By Starboard Value and Opportunity S LLC F1, F3
transaction GEN Common Stock, $0.01 Par Value Sale $458,854 -17,293 -1.2% $26.53 1,444,314 18 May 2021 By Starboard Value and Opportunity S LLC F1, F3
transaction GEN Common Stock, $0.01 Par Value Sale $393,059 -14,868 -1.7% $26.44 837,800 18 May 2021 By Starboard Value and Opportunity C LP F1, F4
transaction GEN Common Stock, $0.01 Par Value Sale $263,006 -9,912 -1.2% $26.53 827,888 18 May 2021 By Starboard Value and Opportunity C LP F1, F4
transaction GEN Common Stock, $0.01 Par Value Sale $286,282 -10,829 -1.5% $26.44 731,322 18 May 2021 By Starboard Leaders Tango LLC F1, F5
transaction GEN Common Stock, $0.01 Par Value Sale $55,861 -2,113 -0.29% $26.44 729,209 18 May 2021 By Starboard Leaders Tango LLC F1, F5
transaction GEN Common Stock, $0.01 Par Value Sale $191,550 -7,219 -0.99% $26.53 721,990 18 May 2021 By Starboard Leaders Tango LLC F1, F5
transaction GEN Common Stock, $0.01 Par Value Sale $37,360 -1,408 -0.2% $26.53 720,582 18 May 2021 By Starboard Leaders Tango LLC F1, F5
transaction GEN Common Stock, $0.01 Par Value Sale $459,230 -17,371 -1.7% $26.44 978,849 18 May 2021 By Starboard Leaders Select VI LP F1, F6
transaction GEN Common Stock, $0.01 Par Value Sale $307,291 -11,581 -1.2% $26.53 967,268 18 May 2021 By Starboard Leaders Select VI LP F1, F6
transaction GEN Common Stock, $0.01 Par Value Sale $378,995 -14,336 -1.7% $26.44 807,828 18 May 2021 By Starboard Value and Opportunity Master Fund L LP F1, F7
transaction GEN Common Stock, $0.01 Par Value Sale $253,613 -9,558 -1.2% $26.53 798,270 18 May 2021 By Starboard Value and Opportunity Master Fund L LP F1, F7
transaction GEN Common Stock, $0.01 Par Value Sale $538,487 -20,369 -1.7% $26.44 1,147,742 18 May 2021 By Starboard X Master Fund Ltd F1, F8
transaction GEN Common Stock, $0.01 Par Value Sale $360,307 -13,579 -1.2% $26.53 1,134,163 18 May 2021 By Starboard X Master Fund Ltd F1, F8
holding GEN Common Stock, $0.01 Par Value 2,777,042 17 May 2021 By Managed Accounts of Starboard Value LP F1, F9
holding GEN Common Stock, $0.01 Par Value 52,226 17 May 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Due to the Securities and Exchange Commission's electronic filing system limitation of thirty line items on Table I, this Form 4 filing is part two of two reporting transactions that were executed on May 17, 2021 and May 18, 2021.
F2 Securities owned directly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O Fund"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP LLC ("Starboard Value GP"), the general partner of the investment manager of Starboard V&O Fund, and as a member of the Management Committee of Starboard Principal Co GP LLC ("Principal GP"), the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard V&O Fund for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"). The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F3 Securities owned directly by Starboard Value and Opportunity S LLC ("Starboard S LLC"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the manager of Starboard S LLC, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard S LLC for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F4 Securities owned directly by Starboard Value and Opportunity C LP ("Starboard C LP"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard C LP, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard C LP for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F5 Securities owned directly by Starboard Leaders Tango LLC ("Starboard Tango LLC"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard Tango LLC, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard Tango LLC for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F6 Securities owned directly by Starboard Leaders Select VI LP ("Starboard Select VI LP"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard Select VI LP, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard Select VI LP for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F7 Securities owned directly by Starboard Value and Opportunity Master Fund L LP ("Starboard L Master"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard L Master, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard L Master for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F8 Securities beneficially owned by Starboard X Master Fund Ltd ("Starboard X Master"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard X Master, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard X Master for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F9 Securities held in certain accounts managed by Starboard Value LP (the "Starboard Value LP Accounts"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of Starboard Value LP, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities held in the Starboard Value LP Accounts for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.