0001209191-18-053833.txt : 20181003
0001209191-18-053833.hdr.sgml : 20181003
20181003163729
ACCESSION NUMBER: 0001209191-18-053833
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: Noviello Nicholas R
CENTRAL INDEX KEY: 0001536584
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-17781
FILM NUMBER: 181105496
MAIL ADDRESS:
STREET 1: 495 E JAVA DRIVE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
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
0001536584
Noviello Nicholas R
350 ELLIS STREET
MOUNTAIN VIEW
CA
94043
0
1
0
0
EVP & Chief Financial Officer
Common Stock
2018-10-01
4
M
0
606935
20.56
A
754043
D
Common Stock
2018-10-01
4
F
0
300919
20.56
D
453124
D
Performance-based Restricted Stock Units
2018-10-01
4
M
0
606935
0.00
D
Common Stock
606935
0
D
Performance-based Restricted Stock Units
2018-10-01
4
A
0
44184
0.00
A
Common Stock
44184
44184
D
Performance-based Restricted Stock Units
2018-10-01
4
A
0
40025
0.00
A
Common Stock
40025
40025
D
Non-Qualified Stock Options
8.35
2026-01-27
Common Stock
1107183
1107183
D
Shares withheld by Symantec Corporation ("Symantec") to satisfy tax withholding requirements on vesting of performance-based restricted stock (PRUs). No shares were sold.
On July 29, 2016, the Reporting Person was granted PRUs with a target of 242,774 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 606,935 shares becoming Grant 1 Eligible Shares for fiscal 2018 and were earned by the Reporting Person. Additionally, 44,184 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 158,514 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 40,025 shares becoming Grant 2 Eligible Shares.
370,445 options were fully vested as of August 1, 2016. The remaining options vest and become 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 Nicholas R. Noviello
2018-10-03