4//SEC Filing
DERSE NATALIE MARIE 4
Accession 0001209191-23-030358
CIK 0000849399other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 6:06 PM ET
Size
11.4 KB
Accession
0001209191-23-030358
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2023-05-15$16.41/sh+177,778$2,917,337→ 493,131 total - Award
Performance-Based Restricted Stock Units
2023-05-15+177,778→ 177,778 total→ Common Stock (177,778 underlying) - Tax Payment
Common Stock
2023-05-15$16.41/sh−84,928$1,393,668→ 408,203 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2023-05-15−177,778→ 0 total→ Common Stock (177,778 underlying)
Footnotes (2)
- [F1]Shares withheld by Gen Digital Inc. to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.
- [F2]On August 10, 2020, Ms. Derse was granted 103,912 shares of performance-based restricted stock units (PRUs). The PRUs vest based on Gen Digital's performance in achieveing target total shares return (TSR) and target compound annual growth rate (CAGR) over a three-year fiscal period ending March 31, 2023, as determined by the Compensation and Leadership Development Committee, up to 200%. The performance criteria was determined to have been met at 171.085% of the target, resulting in the vesting of 177,778 PRUs.
Documents
Issuer
Gen Digital Inc.
CIK 0000849399
Entity typeother
Related Parties
1- filerCIK 0001817767
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 6:06 PM ET
- Size
- 11.4 KB