4//SEC Filing
Pilette Vincent 4
Accession 0001209191-23-030356
CIK 0000849399other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 6:04 PM ET
Size
12.8 KB
Accession
0001209191-23-030356
Insider Transaction Report
Form 4
Pilette Vincent
DirectorCEO & President
Transactions
- Award
Common Stock
2023-05-15$16.41/sh+427,997$7,023,431→ 1,719,563 total - Disposition to Issuer
Common Stock
2023-05-15$16.41/sh−212,202$3,482,235→ 1,507,361 total - Award
Performance-Based Restricted Stock Units
2023-05-15+427,997→ 427,997 total→ Common Stock (427,997 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units
2023-05-15−427,997→ 0 total→ Common Stock (427,997 underlying)
Holdings
- 103,000(indirect: By Trust)
Common Stock
- 517,477(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Shares withheld by Gen Digital Inc. to satisfy tax withholding requirements on vesting of restricted stock units (RSUs). No shares were sold.
- [F2]On July 10, 2020, Mr. Pilette was granted 250,166 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 427,997 PRUs.
Documents
Issuer
Gen Digital Inc.
CIK 0000849399
Entity typeother
Related Parties
1- filerCIK 0001509285
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 6:04 PM ET
- Size
- 12.8 KB