0000849399-24-000026.txt : 20240510
0000849399-24-000026.hdr.sgml : 20240510
20240510160501
ACCESSION NUMBER: 0000849399-24-000026
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240508
FILED AS OF DATE: 20240510
DATE AS OF CHANGE: 20240510
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DERSE NATALIE MARIE
CENTRAL INDEX KEY: 0001817767
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-17781
FILM NUMBER: 24934745
MAIL ADDRESS:
STREET 1: 60 E RIO SALADO PARKWAY
STREET 2: SUITE 1000
CITY: TEMPE
STATE: AZ
ZIP: 85281
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Gen Digital Inc.
CENTRAL INDEX KEY: 0000849399
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 770181864
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0329
BUSINESS ADDRESS:
STREET 1: 60 E RIO SALADO PARKWAY
STREET 2: SUITE 1000
CITY: TEMPE
STATE: AZ
ZIP: 85281
BUSINESS PHONE: 650-527-2900
MAIL ADDRESS:
STREET 1: 60 E RIO SALADO PARKWAY
STREET 2: SUITE 1000
CITY: TEMPE
STATE: AZ
ZIP: 85281
FORMER COMPANY:
FORMER CONFORMED NAME: NortonLifeLock Inc.
DATE OF NAME CHANGE: 20191030
FORMER COMPANY:
FORMER CONFORMED NAME: SYMANTEC CORP
DATE OF NAME CHANGE: 19920703
4
1
wk-form4_1715371480.xml
FORM 4
X0508
4
2024-05-08
0
0000849399
Gen Digital Inc.
GEN
0001817767
DERSE NATALIE MARIE
60 E. RIO SALADO PARKWAY, SUITE 1000
TEMPE
AZ
85281
0
1
0
0
CFO
0
Common Stock
2024-05-08
4
M
0
143478
20.02
A
479508
D
Common Stock
2024-05-08
4
F
0
71137
20.02
D
408371
D
Performance-based Restricted Stock Units (PRUs)
2024-05-08
4
A
0
143478
0
A
Common Stock
143478
143478
D
Performance-based Restricted Stock Units (PRUs)
2024-05-08
4
M
0
143478
0
D
Common Stock
143478
0
D
Represents shares withheld by the issuer to satisfy the reporting person's income tax withholding and remittance obligations in connection with the net settlement of the Performance-based Restricted Stock Units ("PRUs") and does not represent a sale.
The Participant received a grant of PRUs which vested based on the Issuer's achievement of two equally weighted metrices: target total shareholder return (TSR) and target compound annual growth rate (CAGR), over a performance period of three years. The potential payout ranged from 0% to 200% and the final determination was certified by the Issuer's Compensation and Leadership Development Committee. The initial award of 82,100 shares of PRUs was granted on May 10, 2021, the performance period ended on March 29, 2024, and the performance criteria was subsequently determined to have been met at 174.76% of the target, resulting in the vesting of 143,478 PRU shares.
/s/ Kathryn White, as attorney-in-fact for Natalie Derse
2024-05-10