4//SEC Filing
Kapuria Samir 4
Accession 0001209191-19-036494
CIK 0000849399other
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 5:57 PM ET
Size
13.3 KB
Accession
0001209191-19-036494
Insider Transaction Report
Form 4
SYMANTEC CORPSYMC
Kapuria Samir
EVP, Cyber Security Services
Transactions
- Award
Common Stock
2019-06-10+73,647→ 359,276 total - Exercise/Conversion
Performance-based Restricted Stock Units
2019-06-12−67,566→ 90,086 total→ Common Stock (67,566 underlying) - Tax Payment
Common Stock
2019-06-12$19.19/sh−30,002$575,738→ 396,840 total - Award
Performance-based Restricted Stock Units
2019-06-12+112,606→ 112,606 total→ Common Stock (112,606 underlying) - Exercise/Conversion
Common Stock
2019-06-12$19.19/sh+67,566$1,296,592→ 426,842 total
Footnotes (3)
- [F1]Represents shares that are issuable pursuant to restricted stock units. 30% vests on June 1, 2020, 30% vests on June 1, 2021 and 40% vests on June 1, 2022.
- [F2]Shares withheld by Symantec Corporation ("Symantec) to satisfy tax withholding requirements on vesting of performance-based restricted stock units (PRUs). No shares were sold.
- [F3]On July 10, 2018, the Reporting Person was granted PRUs with a target of 238,242 shares. The PRU provides that, depending on the Issuer's achievement of the performance criteria for fiscal 2019, 0% to 200% of the target shares will be eligible to be earned at the end of fiscal 2019 (the "Grant 1 Eligible Shares"), subject to certain further adjustments, provided that the Reporting Person is employed by the Issuer through March 29, 2019 and April 3, 2020, as described herein. The performance criteria were partially satisfied, resulting in 112,606 shares becoming Grant 1 Eligible Shares for fiscal 2019. These shares vested as to 60% on March 29, 2019 and were released on June 12, 2019, and 40% will vest on April 3, 2020 subject to restrictions, including continued employment through such date.
Documents
Issuer
SYMANTEC CORP
CIK 0000849399
Entity typeother
Related Parties
1- filerCIK 0001737331
Filing Metadata
- Form type
- 4
- Filed
- Jun 11, 8:00 PM ET
- Accepted
- Jun 12, 5:57 PM ET
- Size
- 13.3 KB