Symantec 2015 Annual Report Download - page 40

Download and view the complete annual report

Please find page 40 of the 2015 Symantec annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 174

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174

(3) Based solely on a Schedule 13G filing made by Franklin Mutual Advisers, LLC on February 3, 2015, report-
ing sole voting and dispositive power over the shares. This stockholder’s address is 101 John F. Kennedy
Parkway, Short Hills, NJ 07078-2789.
(4) Based solely on a Schedule 13G filing made by The Vanguard Group on February 11, 2015, reporting sole
voting and dispositive power over the shares. This stockholder’s address is 100 Vanguard Blvd., Malvern,
PA 19355.
(5) Includes 12,000 shares subject to options that are exercisable until September 19, 2015.
(6) Includes 98,000 shares subject to options that will be exercisable as of September 30, 2015.
(7) Includes 68,000 shares subject to options that will be exercisable as of September 30, 2015.
(8) Includes 172,709 shares subject to options that will be exercisable as of September 30, 2015.
Symantec has adopted a policy that executive officers and members of the Board hold an equity stake in the
Company. The policy requires each executive officer to hold a minimum number of shares of Symantec common
stock. Newly appointed executive officers are not required to immediately establish their position, but are
expected to make regular progress to achieve it. The Nominating and Governance Committee reviews the mini-
mum number of shares held by the executive officers and directors from time to time. The purpose of the policy
is to more directly align the interests of our executive officers and directors with our stockholders. See “Stock
Ownership Requirements” under the Compensation Discussion & Analysis section for a description of the stock
ownership requirements applicable to our executive officers.
Section 16(a) Beneficial Ownership Reporting Compliance
Section 16 of the Exchange Act requires Symantec’s directors, executive officers and any persons who own
more than 10% of Symantec’s common stock, to file initial reports of ownership and reports of changes in
ownership with the SEC. Such persons are required by SEC regulation to furnish Symantec with copies of all
Section 16(a) forms that they file.
Based solely on its review of the copies of such forms furnished to Symantec and written representations
from the directors and executive officers, Symantec believes that all Section 16(a) filing requirements were met
in fiscal year 2015.
30