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Filing Details

Accession Number:: 0001193805-24-000671
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-05-16 21:45:50
Reporting Period:: 2024-05-14

Accepted Time:: 2024-05-16 21:45:50
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
849399	Gen Digital Inc.	GEN	Services-Prepackaged Software (7372)	770181864

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1410600	A Peter Feld	C/O Starboard Value Lp 201 E Las Olas Boulevard, Suite 1000 Fort Lauderdale FL 33301		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value	Disposition	2024-05-14	85,850	$24.44	39,182	No	4	S	Indirect	By Starboard Leaders Tango LLC
Common Stock, $0.01 Par Value	Disposition	2024-05-14	664,150	$24.44	303,118	No	4	S	Indirect	By Starboard Leaders Select VI LP
Common Stock, $0.01 Par Value	Disposition	2024-05-15	39,182	$24.89	0	No	4	S	Indirect	By Starboard Leaders Tango LLC
Common Stock, $0.01 Par Value	Disposition	2024-05-15	303,118	$24.89	0	No	4	S	Indirect	By Starboard Leaders Select VI LP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Starboard Leaders Tango LLC
No	4	S	Indirect	By Starboard Leaders Select VI LP
No	4	S	Indirect	By Starboard Leaders Tango LLC
No	4	S	Indirect	By Starboard Leaders Select VI LP

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value	9,644,194	Indirect	By Starboard Value and Opportunity Master Fund Ltd
Common Stock, $0.01 Par Value	2,024,896	Indirect	By Starboard X Master Fund Ltd
Common Stock, $0.01 Par Value	1,444,314	Indirect	By Starboard Value and Opportunity S LLC
Common Stock, $0.01 Par Value	827,888	Indirect	By Starboard Value and Opportunity C LP
Common Stock, $0.01 Par Value	798,270	Indirect	By Starboard Value and Opportunity Master Fund L LP
Common Stock, $0.01 Par Value	2,777,042	Indirect	By Managed Account of Starboard Value LP
Common Stock, $0.01 Par Value	88,372	Direct

Footnotes

Sales for co-investment accounts only following the expiration of their respective investment periods with respect to Gen Digital Inc.
Securities owned directly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O Fund"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP LLC ("Starboard Value GP"), the general partner of the investment manager of Starboard V&O Fund, and as a member of the Management Committee of Starboard Principal Co GP LLC ("Principal GP"), the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard V&O Fund for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"). The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Securities beneficially owned by Starboard X Master Fund Ltd ("Starboard X Master"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard X Master, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard X Master for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Securities owned directly by Starboard Value and Opportunity S LLC ("Starboard S LLC"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the manager of Starboard S LLC, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard S LLC for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Securities owned directly by Starboard Value and Opportunity C LP ("Starboard C LP"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard C LP, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard C LP for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Securities owned directly by Starboard Leaders Tango LLC ("Starboard Tango LLC"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard Tango LLC, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard Tango LLC for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. Notwithstanding the foregoing, Starboard Tango LLC ceased to own any securities of the Issuer as of May 15, 2024, as disclosed herein.
Securities owned directly by Starboard Leaders Select VI LP ("Starboard Select VI LP"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard Select VI LP, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard Select VI LP for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. Notwithstanding the foregoing, Starboard Select VI LP ceased to own any securities of the Issuer as of May 15, 2024, as disclosed herein.
Securities owned directly by Starboard Value and Opportunity Master Fund L LP ("Starboard L Master"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard L Master, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard L Master for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Securities held in a certain managed account by Starboard Value LP (the "Starboard Value LP Account"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of Starboard Value LP, and as a member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities held in the Starboard Value LP Account for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.