SYMANTEC CORP 4
4 · SYMANTEC CORP · Filed May 29, 2013
Insider Transaction Report
Form 4
SYMANTEC CORPSYMC
BENNETT STEPHEN M
Director
Transactions
- Award
Performance-based Restricted Stock Units
2013-05-24+64,400→ 64,400 total→ Common Stock (64,400 underlying)
Footnotes (1)
- [F1]On September 10, 2012, the Reporting Person was granted performance-based restricted stock units (PRUs), with a target of 115,000 shares. The PRU provides that, depending on the Issuer's achievement of the performance criterion for fiscal 2013, 0% to 133% of the target shares will be eligible (the "Eligible Shares") to be earned at the end of fiscal 2014 and 2015, based on, and subject to further adjustment as a result of, the achievement of certain other performance criteria (but in no event will the Reporting Person earn less than 50% of the Eligible Shares), provided that the Reporting Person is employed by the Issuer through April 3, 2015. The performance criterion for fiscal 2013 was exceeded, resulting in 128,800 shares becoming Eligible Shares.