Bryan Ko - May 15, 2023 Form 4 Insider Report for Gen Digital Inc. (GEN)

Role
CLO & Head Corp Aff
Signature
Bryan Ko
Stock symbol
GEN
Transactions as of
May 15, 2023
Transactions value $
$1,097,550
Form type
4
Date filed
5/17/2023, 06:03 PM
Previous filing
May 12, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEN Common Stock Award $2.07M +126K +31.49% $16.41 526K May 15, 2023 Direct
transaction GEN Common Stock Disposed to Issuer -$968K -59K -11.22% $16.41 467K May 15, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GEN Performance-Based Restricted Stock Units Award $0 +126K $0.00 126K May 15, 2023 Common Stock 126K Direct F2
transaction GEN Performance-Based Restricted Stock Units Options Exercise $0 -126K -100% $0.00* 0 May 15, 2023 Common Stock 126K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Gen Digital Inc. to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.
F2 On July 10, 2020, Mr. Ko was granted 73,578 shares of performance-based restricted stock units (PRUs). The PRUs vest based on Gen Digital's performance in achieveing target total shares return (TSR) and target compound annual growth rate (CAGR) over a three-year fiscal period ending March 31, 2023, as determined by the Compensation and Leadership Development Committee, up to 200%. The performance criteria was determined to have been met at 171.085% of the target, resulting in the vesting of 125,881 PRUs.