4//SEC Filing
Vlcek Ondrej 4
Accession 0001209191-22-056752
CIK 0000849399other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 6:00 PM ET
Size
9.2 KB
Accession
0001209191-22-056752
Insider Transaction Report
Form 4
Gen Digital Inc.NLOK
Vlcek Ondrej
Director
Transactions
- Award
Common Stock
2022-11-10$22.63/sh+139,808$3,163,855→ 3,723,051 total
Holdings
- 302,000(indirect: By Foundation)
Common Stock
Footnotes (1)
- [F1]Represents shares that are issuable pursuant to restricted stock units under the Avast Limited Long Term Incentive Plan, as amended. On September 15, 2022, Mr. Vlcek purchased 456,475 shares of Gen Digital Inc. (f/k/a NortonLifeLock Inc.) (the "Company") common stock on the public market with a fair market value of approximately $10,000,000 (the "Stock Purchase"). On November 1, 2022, in consideration of the Stock Purchase, the Compensation and Leadership Development Committee of the Company's Board of Directors approved the grant of this RSU award with an aggregate grant date value equal to 30% of the Stock Purchase, or approximately $3,000,000. 100% of the RSUs vest on November 1, 2025, subject to Mr. Vlcek's continued employment with the Company as of such date, and his agreement not to sell any shares of the Company directly or indirectly owned or acquired by him at any time prior to such date
Documents
Issuer
Gen Digital Inc.
CIK 0000849399
Entity typeother
Related Parties
1- filerCIK 0001911039
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 6:00 PM ET
- Size
- 9.2 KB