Natalie Derse - May 2, 2025 Form 4 Insider Report for Gen Digital Inc. (GEN)

Role: CFO
Signature: /s/ Kathryn White, as attorney-in-fact for Natalie Derse
Stock symbol: GEN
Transactions as of: May 2, 2025
Transactions value $: $1,700,334
Form type: 4
Date filed: 5/6/2025, 05:15 PM
Previous filing: May 2, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
DERSE NATALIE MARIE	CFO	60 E. RIO SALADO PARKWAY, SUITE 1000, TEMPE	/s/ Kathryn White, as attorney-in-fact for Natalie Derse	2025-05-06	0001817767

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GEN	Common Stock	Options Exercise	$3.59M	+138K	+46.42%	$25.93	437K	May 2, 2025	Direct
transaction	GEN	Common Stock	Tax liability	-$1.89M	-72.9K	-16.69%	$25.93	364K	May 2, 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GEN	Performance-based Restricted Stock Units (PRUs)	Award	$0	+138K		$0.00	138K	May 2, 2025	Common Stock	138K		Direct	F2
transaction	GEN	Performance-based Restricted Stock Units (PRUs)	Options Exercise	$0	-138K	-100%	$0.00	0	May 2, 2025	Common Stock	138K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.
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.

Content

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.

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.