0001209191-18-053819.txt : 20181003 0001209191-18-053819.hdr.sgml : 20181003 20181003163219 ACCESSION NUMBER: 0001209191-18-053819 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181001 FILED AS OF DATE: 20181003 DATE AS OF CHANGE: 20181003 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clark Gregory S. CENTRAL INDEX KEY: 0001529797 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17781 FILM NUMBER: 181105438 MAIL ADDRESS: STREET 1: EMULEX CORPORATION STREET 2: 3333 SUSAN STREET CITY: COSTA MESA STATE: CA ZIP: 92626 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SYMANTEC CORP CENTRAL INDEX KEY: 0000849399 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770181864 STATE OF INCORPORATION: DE FISCAL YEAR END: 0402 BUSINESS ADDRESS: STREET 1: 350 ELLIS STREET CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: 650-527-2900 MAIL ADDRESS: STREET 1: 350 ELLIS STREET CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-10-01 0 0000849399 SYMANTEC CORP SYMC 0001529797 Clark Gregory S. 350 ELLIS STREET MOUNTAIN VIEW CA 94043 1 1 0 0 CEO Common Stock 2018-10-01 4 M 0 2404175 20.56 A 3237323 D Common Stock 2018-10-01 4 F 0 1191991 20.56 D 2045332 D Common Stock 1122938 I Gregory S Clark TR UA 01/29/2016 Gregory S Clark Living Trust Performance-based Restricted Stock Units 2018-10-01 4 M 0 2404175 0.00 D Common Stock 2404175 0 D Performance-based Restricted Stock Units 2018-10-01 4 A 0 175023 0.00 A Common Stock 175023 175023 D Performance-based Restricted Stock Units 2018-10-01 4 A 0 85768 0.00 A Common Stock 85768 85768 D Non-Qualified Stock Options 6.73 2025-09-09 Common Stock 3665271 3665271 D Shares withheld by Symantec Corporation ("Symantec") to satisfy tax withholding requirements on vesting of performance-based restricted stock units (PRUs). No shares were sold. The shares were originally acquired pursuant to the Restricted Stock Reinvestment Agreement, dated as of June 12, 2016 with Symantec. On July 29, 2016, the Reporting Person was granted PRUs with a target of 961,670 shares. The PRU provides that, depending on the Issuer's achievement of the performance criterion for fiscal 2018, 0% to 300% of the target shares will be eligible (the "Grant 1 Eligible Shares") to be earned. 0% to 250% of the Grant 1 Eligible Shares were eligible to be earned at the end of fiscal 2018, subject to certain further adjustments, provided that the Reporting Person is employed by the Issuer through March 30, 2018. The additional up to 50% of the Grant 1 Eligible Shares are eligible to be earned at the end of the fiscal 2019 provided that the Reporting Person is employed by the Issuer on March 29, 2019. The performance criterion was partially satisfied, resulting in 2,404,175 shares becoming Grant 1 Eligible Shares for fiscal 2018 and were earned by the Reporting Person. Additionally, 175,023 shares became Grant 1 Eligible Shares for fiscal 2019. Represents PRUs acquired by the Reporting Person in connection with the merger in which a wholly-owned subsidiary of Symantec was merged with and into Blue Coat, Inc. on August 1, 2016. On June 9, 2017, the Reporting Person was granted PRUs with a target of 339,674 shares. The PRU provides that, depending on the Issuer's achievement of the performance criterion for fiscal 2018, 0% to 200% of the 50% of the target shares will be eligible ("Grant 2 Eligible Shares") to be earned at the end of fiscal 2020, based on, and subject to further adjustments with respect to the other 50% of the target shares as a result of, the achievement of certain other performance criteria, provided that the Reporting Person is employed by the Issuer through April 3, 2020. The performance criterion for fiscal 2018 was partially satisfied, resulting in 85,768 shares becoming Grant 2 Eligible Shares. The option vests and becomes exercisable in equal monthly installments over a period of two years, beginning August 1, 2016. No transaction is reported. The amount of securities held following the reported transaction is included for information purposes only. /s/ Philip Reuther, as attorney-in-fact for Gregory S. Clark 2018-10-03