4//SEC Filing
McDonald Lynne Doherty 4
Accession 0000899243-21-030657
CIK 0001783317other
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 5:41 PM ET
Size
9.7 KB
Accession
0000899243-21-030657
Insider Transaction Report
Form 4
McAfee Corp.MCFE
McDonald Lynne Doherty
See Remarks
Transactions
- Disposition to Issuer
Class A Common Stock
2021-07-27$26.28/sh−51,800$1,361,304→ 365,712 total - Disposition to Issuer
Class A Common Stock
2021-07-27−221,843→ 143,869 total - Disposition to Issuer
Management Incentive Units
2021-07-27−1,674,412→ 761,092 totalExercise: $6.14→ Class A Common Stock (1,674,412 underlying)
Footnotes (4)
- [F1]Reflects withholding of shares of the Issuer's Class A common stock upon vesting of RSUs to satisfy the Reporting Person's tax withholding obligation, based on the last reported sale price of the Issuer's Class A common stock on July 27, 2021.
- [F2]Reflects forfeited unearned/unvested RSUs as a result of the divestiture of the Registrant's Enterprise business (the "Enterprise Divestiture") on July 27, 2027.
- [F3]Reflects unearned/unvested MIUs forfeited as a result of the Enterprise Divestiture.
- [F4]Reflects Management Incentive Units of Foundation Technology Worldwide LLC ("MIUs") which are profits interests that are economically similar to stock-settled stock options. Vested MIUs are exchangeable, at the holder's election, for a number of shares of Class A Common Stock equal in value to the "spread value" represented by the excess of the value of shares of Class A Common Stock at the time of exchange above the "return threshold" associated with the MIUs, multiplied by the number of MIUs being exchanged. The number reflected in Table II reflects the number of MIUs held by the Reporting Person. The MIUs do not have an expiration date.
Documents
Issuer
McAfee Corp.
CIK 0001783317
Entity typeother
Related Parties
1- filerCIK 0001828646
Filing Metadata
- Form type
- 4
- Filed
- Jul 28, 8:00 PM ET
- Accepted
- Jul 29, 5:41 PM ET
- Size
- 9.7 KB