4//SEC Filing
KO BRYAN SEUK 4
Accession 0000849399-25-000030
CIK 0000849399other
Filed
May 5, 8:00 PM ET
Accepted
May 6, 5:15 PM ET
Size
11.2 KB
Accession
0000849399-25-000030
Insider Transaction Report
Form 4
KO BRYAN SEUK
CLO & Head Corp Aff
Transactions
- Exercise/Conversion
Common Stock
2025-05-02$25.93/sh+127,841$3,314,917→ 606,149 total - Exercise/Conversion
Performance-based Restricted Stock Units (PRUs)
2025-05-02−127,841→ 0 total→ Common Stock (127,841 underlying) - Tax Payment
Common Stock
2025-05-02$25.93/sh−67,309$1,745,322→ 538,840 total - Award
Performance-based Restricted Stock Units (PRUs)
2025-05-02+127,841→ 127,841 total→ Common Stock (127,841 underlying)
Footnotes (2)
- [F1]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.
- [F2]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 bookings growth and non-GAAP operating margin performance (BGOM), 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 136,364 shares of PRUs was granted on May 10, 2022, the performance period ended on March 28, 2025, and the performance criteria was subsequently determined to have been met at 187.5% of the target, resulting in the vesting of 127,841 PRU shares.
Documents
Issuer
Gen Digital Inc.
CIK 0000849399
Entity typeother
Related Parties
1- filerCIK 0001800741
Filing Metadata
- Form type
- 4
- Filed
- May 5, 8:00 PM ET
- Accepted
- May 6, 5:15 PM ET
- Size
- 11.2 KB