Sohaib Abbasi - 01 Mar 2022 Form 4 Insider Report for McAfee Corp.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Mar 2022, 16:48:29 UTC
Prior SEC filing
17 Feb 2022
Next SEC filing
14 Jul 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jared Ross, as Attorney-in-Fact

Key filing fact

Sohaib Abbasi filed Form 4 for McAfee Corp. on 03 Mar 2022.

Key facts

  • This page summarizes Sohaib Abbasi's Form 4 filing for McAfee Corp..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Mar 2022, 16:48.

Change

  • Previous filing in this sequence was filed on 17 Feb 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MCFE transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-89,392
Change %
-100%
Price
Shares after
0
Date
01 Mar 2022
Ownership
See Footnote
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Sohaib Abbasi is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Certain of these securities are restricted stock units ("RSUs") that represent the Reporting Person's right to receive shares of Class A common stock of the Issuer. The RSUs and shares of Class A common stock were cancelled pursuant to that certain Merger Agreement, dated November 5, 2021, between the Issuer, Condor BidCo, Inc. and Condor Merger Sub, Inc., in exchange for a cash payment of $26.00 per share.

Footnote F2

Securities disposed of were 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.

SEC remarks

Effective upon completion of the merger on March 1, 2022, in accordance with the Merger Agreement, the Reporting Person ceased to be a director of the Issuer. 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.

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