0001628280-17-001228.txt : 20170213
0001628280-17-001228.hdr.sgml : 20170213
20170213175435
ACCESSION NUMBER: 0001628280-17-001228
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170209
FILED AS OF DATE: 20170213
DATE AS OF CHANGE: 20170213
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LIFELOCK, INC.
CENTRAL INDEX KEY: 0001383871
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
IRS NUMBER: 562508977
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 60 E. RIO SALADO PARKWAY
STREET 2: SUITE 400
CITY: TEMPE
STATE: AZ
ZIP: 85281
BUSINESS PHONE: 480-682-5100
MAIL ADDRESS:
STREET 1: 60 E. RIO SALADO PARKWAY
STREET 2: SUITE 400
CITY: TEMPE
STATE: AZ
ZIP: 85281
FORMER COMPANY:
FORMER CONFORMED NAME: LIFELOCK INC
DATE OF NAME CHANGE: 20061215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCHNEIDER HILARY
CENTRAL INDEX KEY: 0001208736
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35671
FILM NUMBER: 17601157
MAIL ADDRESS:
STREET 1: C/O LIFELOCK, INC.
STREET 2: 60 EAST RIO SALADO PARKWAY, SUITE 400
CITY: TEMPE
STATE: AZ
ZIP: 85281
4
1
wf-form4_148702646201760.xml
FORM 4
X0306
4
2017-02-09
0
0001383871
LIFELOCK, INC.
LOCK
0001208736
SCHNEIDER HILARY
60 EAST RIO SALADO PARKWAY, SUITE 400
TEMPE
AZ
85281
1
1
0
0
CEO & PRESIDENT
COMMON STOCK
2017-02-09
4
D
0
456478
D
169731
D
COMMON STOCK
2017-02-09
4
D
0
169731
D
0
D
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
9.0
2017-02-09
4
D
0
220000
0
D
2022-10-02
COMMON STOCK
220000.0
0
D
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
11.05
2017-02-09
4
D
0
50000
0
D
2023-02-22
COMMON STOCK
50000.0
0
D
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
18.73
2017-02-09
4
D
0
150000
0
D
2024-03-24
COMMON STOCK
150000.0
0
D
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
13.96
2017-02-09
4
D
0
116500
0
D
2025-03-23
COMMON STOCK
116500.0
0
D
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
10.27
2017-02-09
4
D
0
635452
0
D
2026-02-18
COMMON STOCK
635452.0
0
D
On November 20, 2016, LifeLock, Inc. (the "Issuer") entered into an Agreement and Plan of Merger (the "Merger Agreement"), as amended on January 16, 2017, with Symantec Corporation (the "Acquiror") and L1116 Merger Sub, Inc., a wholly-owned subsidiary of the Acquiror. Upon completion of the merger of the Issuer and L1116 Merger Sub, Inc. (the "Closing"), the Reporting Person's shares of the Issuer's Common Stock were cancelled and converted into the right to receive $24 in cash, without interest, (the "Merger Consideration").
Common Stock cancelled and converted into the right to receive an amount in cash equal to the product of the aggregate number of shares of this Common Stock and the Merger Consideration. Includes 227,721 restricted shares, payment in respect of which is subject to the same terms and conditions as the restricted shares. Also includes 99, 998 shares subject to a Performance-Based Restricted Stock Award, payment in respect of which is subject to the same terms and conditions as the restricted shares.
Consists of 169,731 unvested restricted stock units ("RSUs"). Upon Closing, unvested RSUs were converted into the right to receive, on the same terms and conditions as the unvested RSU, a number of shares of the common stock of Acquiror equal to the number of shares subject to the unvested RSU times the quotient of $24 divided by the volume-weighted average of the trading prices of the shares of Acquiror's common stock on the NASDAQ for the ten trading days ending with, and including, February 9, 2016.
Upon Closing, vested options were cancelled and converted into the right to receive an amount of cash equal to the number of shares subject to the option multiplied by the difference between the Merger Consideration and the applicable exercise price. Unvested options were converted into options to acquire a number of shares of common stock of the Acquiror equal to the number of shares subject to the unvested option times the quotient (the "Exchange Ratio") of $24 divided by the volume-weighted average of the trading prices of the shares of Acquiror's common stock on the NASDAQ for the ten trading days ending with, and including, February 9, 2016, at an exercise price equal to the exercise price of the unvested option divided by the Exchange Ratio and otherwise on the same terms and conditions as the unvested option.
Includes 1,042 options, the vesting of which was accelerated at the Closing. Options were cancelled or converted as described above.
Includes 43,750 options, the vesting of which was accelerated at the Closing. Options were cancelled or converted as described above.
Includes 63,105 options, the vesting of which was accelerated at the Closing. Options were cancelled or converted as described above.
Includes 558,808 options, the vesting of which was accelerated at the Closing. Options were cancelled or converted as described above.
/s/ Stephen Palmer, Attorney-in-Fact
2017-02-13