Sec Form 4 Filing - Vlcek Ondrej @ Gen Digital Inc. - 2022-11-10

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Vlcek Ondrej
2. Issuer Name and Ticker or Trading Symbol
Gen Digital Inc. [ NLOK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President
(Last) (First) (Middle)
60 EAST RIO SALADO PARKWAY, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YY)
11/10/2022
(Street)
TEMPE, AZ85281
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/10/2022 A 139,808( 1 ) A $ 22.63 3,723,051 D
Common Stock 302,000 I Vlcek Family Foundation
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Vlcek Ondrej
60 EAST RIO SALADO PARKWAY
SUITE 1000
TEMPE, AZ85281
President
Signatures
/s/ Douglas Sugimoto, as attorney-in-fact for Ondrej Vlcek 11/14/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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