Key facts
- This page summarizes Lynne Doherty McDonald's Form 4 filing for McAfee Corp..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 29 Jul 2021, 17:41.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Disposed to Issuer
Disposed to Issuer
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Disposed to Issuer
Additional SEC filing notes
Section 16 status
Lynne Doherty McDonald is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote F1
Reflects withholding of shares of the Issuer's Class A common stock upon vesting of RSUs to satisfy the Reporting Person's tax withholding obligation, based on the last reported sale price of the Issuer's Class A common stock on July 27, 2021.
Footnote F2
Reflects forfeited unearned/unvested RSUs as a result of the divestiture of the Registrant's Enterprise business (the "Enterprise Divestiture") on July 27, 2027.
Footnote F3
Reflects unearned/unvested MIUs forfeited as a result of the Enterprise Divestiture.
Footnote F4
Reflects Management Incentive Units of Foundation Technology Worldwide LLC ("MIUs") which are profits interests that are economically similar to stock-settled stock options. Vested MIUs are exchangeable, at the holder's election, for a number of shares of Class A Common Stock equal in value to the "spread value" represented by the excess of the value of shares of Class A Common Stock at the time of exchange above the "return threshold" associated with the MIUs, multiplied by the number of MIUs being exchanged. The number reflected in Table II reflects the number of MIUs held by the Reporting Person. The MIUs do not have an expiration date.