4//SEC Filing
Cappellanti-Wolf Amy L. 4
Accession 0001209191-18-053813
CIK 0000849399other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 4:30 PM ET
Size
17.1 KB
Accession
0001209191-18-053813
Insider Transaction Report
Form 4
SYMANTEC CORPSYMC
Cappellanti-Wolf Amy L.
SVP, Chief Human Resource Off.
Transactions
- Exercise/Conversion
Performance-based Restricted Stock Units
2018-10-01−42,508→ 0 total→ Common Stock (42,508 underlying) - Exercise/Conversion
Common Stock
2018-10-01$20.56/sh+249,650$5,132,804→ 418,739 total - Tax Payment
Common Stock
2018-10-01$20.56/sh−123,778$2,544,876→ 294,961 total - Award
Performance-based Restricted Stock Units
2018-10-01+15,080→ 15,080 total→ Common Stock (15,080 underlying) - Award
Performance-based Restricted Stock Units
2018-10-01+20,012→ 20,012 total→ Common Stock (20,012 underlying) - Exercise/Conversion
Performance-based Restricted Stock Units
2018-10-01−207,142→ 0 total→ Common Stock (207,142 underlying)
Footnotes (4)
- [F1]Shares withheld by Symantec Corporation ("Symantec) to satisfy tax withholding requirements on vesting of performance-based restricted stock units (PRUs). No shares were sold.
- [F2]Represents PRUs originally reported by the reporting person in a Form 4 filed with the Commission on May 11, 2016.
- [F3]On June 10, 2016, the Reporting Person was granted PRUs with a target of 82,857 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 207,142 shares becoming Grant 1 Eligible Shares for fiscal 2018 and were earned by the Reporting Person. Additionally, 15,080 shares became Grant 1 Eligible Shares for fiscal 2019.
- [F4]On June 9, 2017, the Reporting Person was granted PRUs with a target of 79,257 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 20,012 shares becoming Grant 2 Eligible Shares.
Documents
Issuer
SYMANTEC CORP
CIK 0000849399
Entity typeother
Related Parties
1- filerCIK 0001571552
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 4:30 PM ET
- Size
- 17.1 KB