Form 4 for GEN Gen Digital
Accepted 2025-05-06 00:00:00 ET · period of report 2025-05-02 · accession 0000849399-25-000029 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-05-06 | 2025-05-02 | GEN | DERSE NATALIE MARIE | CFO | F - Tax | $25.93 | -72.9K | 363.9K | -17% | -$1.89M |
| D | 2025-05-06 | 2025-05-02 | GEN | DERSE NATALIE MARIE | CFO | M - OptEx | $25.93 | +138.5K | 436.9K | +46% | +$3.59M |
| D | 2025-05-06 | 2025-05-02 | GEN | DERSE NATALIE MARIE | CFO | A - Grant | $0.00 | +138.5K | 138.5K | New | $0 |
| D | 2025-05-06 | 2025-05-02 | GEN | DERSE NATALIE MARIE | CFO | M - OptEx | $0.00 | -138.5K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-05-02 | F | D | 72,917 | $25.93 | 363,940 | D | — | — | (F1) Represents shares withheld by the issuer to satisfy the reporting person's income tax withholding and remittance obligations in connection with the net settlement of the Performance-based Restricted Stock Units ("PRUs") and does not represent a sale. |
| 2 | Common | Common Stock | 2025-05-02 | M | A | 138,491 | $25.93 | 436,857 | D | — | — | |
| 3 | Derivative | Performance-based Restricted Stock Units (PRUs) | 2025-05-02 | A | A | 138,491 | $0.00 | 138,491 | D | — · — to — | 138,491 Common Stock | (F2) The Participant received a grant of PRUs which vested based on the Issuer's achievement of two equally weighted metrices: target total shareholder return (TSR) and target bookings growth and non-GAAP operating margin performance (BGOM), over a performance period of three years. The potential payout ranged from 0% to 200% and the final determination was certified by the Issuer's Compensation and Leadership Development Committee. The initial award of 147,724 shares of PRUs was granted on May 10, 2022, the performance period ended on March 28, 2025, and the performance criteria was subsequently determined to have been met at 187.5% of the target, resulting in the vesting of 138,491 PRU shares. |
| 4 | Derivative | Performance-based Restricted Stock Units (PRUs) | 2025-05-02 | M | D | 138,491 | $0.00 | 0 | D | — · — to — | 138,491 Common Stock | (F2) The Participant received a grant of PRUs which vested based on the Issuer's achievement of two equally weighted metrices: target total shareholder return (TSR) and target bookings growth and non-GAAP operating margin performance (BGOM), over a performance period of three years. The potential payout ranged from 0% to 200% and the final determination was certified by the Issuer's Compensation and Leadership Development Committee. The initial award of 147,724 shares of PRUs was granted on May 10, 2022, the performance period ended on March 28, 2025, and the performance criteria was subsequently determined to have been met at 187.5% of the target, resulting in the vesting of 138,491 PRU shares. |