Filing Details

Accession Number:
0000921895-22-002008
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-15 20:03:10
Reporting Period:
2022-06-13
Accepted Time:
2022-06-15 20:03:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
849399 Nortonlifelock Inc. NLOK 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
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 Acquisiton 2022-06-13 1,147,011 $22.38 9,181,938 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock, $0.01 Par Value Acquisiton 2022-06-13 252,989 $22.38 1,387,152 No 4 P Indirect By Starboard X Master Fund Ltd
Common Stock, $0.01 Par Value Acquisiton 2022-06-14 462,256 $22.02 9,644,194 No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock, $0.01 Par Value Acquisiton 2022-06-14 137,744 $22.02 1,524,896 No 4 P Indirect By Starboard X Master Fund Ltd
Common Stock, $0.01 Par Value Acquisiton 2022-06-15 500,000 $22.03 2,024,896 No 4 P Indirect By Starboard X Master Fund Ltd
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Starboard X Master Fund Ltd
No 4 P Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 P Indirect By Starboard X Master Fund Ltd
No 4 P Indirect By Starboard X Master Fund Ltd
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
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 720,582 Indirect By Starboard Leaders Tango LLC
Common Stock, $0.01 Par Value 967,268 Indirect By Starboard Leaders Select VI 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 Accounts of Starboard Value LP
Common Stock, $0.01 Par Value 52,226 Direct
Footnotes
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. Securities held in certain accounts managed by Starboard Value LP (the "Starboard Value LP Accounts"). 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 Accounts for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.