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

Signature
/s/ Kathryn White, as attorney-in-fact for Bryan Ko
Stock symbol
GEN
Transactions as of
May 2, 2025
Transactions value $
$1,569,595
Form type
4
Date filed
5/6/2025, 05:15 PM
Previous filing
May 2, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KO BRYAN SEUK CLO & Head Corp Aff 60 E. RIO SALADO PARKWAY, SUITE 1000, TEMPE /s/ Kathryn White, as attorney-in-fact for Bryan Ko 2025-05-06 0001800741

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEN Common Stock Options Exercise $3.31M +128K +26.73% $25.93 606K May 2, 2025 Direct
transaction GEN Common Stock Tax liability -$1.75M -67.3K -11.1% $25.93 539K 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 +128K $0.00 128K May 2, 2025 Common Stock 128K Direct F2
transaction GEN Performance-based Restricted Stock Units (PRUs) Options Exercise $0 -128K -100% $0.00 0 May 2, 2025 Common Stock 128K 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 136,364 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 127,841 PRU shares.