8-K

Gen Digital Inc. (GEN)

8-K 2020-03-05 For: 2020-03-05
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Added on April 06, 2026

UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

WASHINGTON,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the

Securities

Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): March 5, 2020


NortonLifeLock Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware 000-17781 77-0181864
(State<br> or Other Jurisdiction of <br><br> Incorporation) (Commission<br> File Number) (IRS<br> Employer Identification No.)
60 E. Rio Salado Parkway**, Suite 1000** , Tempe , AZ 85281
--- ---
(Address<br> of Principal Executive Offices) (Zip<br> Code)

Registrant’s

Telephone Number, Including Area Code (650) 527-8000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol Name of each exchange on which registered
Common Stock, par value $0.01 per share NLOK The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item8.01 Other Events.


On March 5, 2020, NortonLifeLock Inc. (the “Company”) entered into a Convertible Notes Purchase Agreement (the “Agreement”) with affiliates of Silver Lake Partners (“Silver Lake”), pursuant to which the Company agreed to repurchase $250,000,000 in aggregate principal amount of 2.50% convertible unsecured senior notes due 2022 (the “Note Repurchase”). Under the terms of the Agreement, the Company will pay Silver Lake, an aggregate of $569.4 million, representing $19.00 per underlying share into which the notes are convertible, accrued and unpaid interest through the date of settlement, and a portion of the cash dividend that was declared by the Company on February 6, 2020. The Note Repurchase is expected to settle on March 10, 2020.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NortonLifeLock Inc.
Date: March 5, 2020 By: /s/<br> Bryan Ko
Bryan Ko
General Counsel & Corporate
Secretary