0000899243-21-002853.txt : 20210121
0000899243-21-002853.hdr.sgml : 20210121
20210121213018
ACCESSION NUMBER: 0000899243-21-002853
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210119
FILED AS OF DATE: 20210121
DATE AS OF CHANGE: 20210121
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hicks Terry
CENTRAL INDEX KEY: 0001829061
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39651
FILM NUMBER: 21543574
MAIL ADDRESS:
STREET 1: 6220 AMERICA CENTER DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95002
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: McAfee Corp.
CENTRAL INDEX KEY: 0001783317
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1226
BUSINESS ADDRESS:
STREET 1: 6220 AMERICA CENTER DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95002
BUSINESS PHONE: 866-622-3911
MAIL ADDRESS:
STREET 1: 6220 AMERICA CENTER DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95002
FORMER COMPANY:
FORMER CONFORMED NAME: Greenseer Holdings Corp.
DATE OF NAME CHANGE: 20190723
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-01-19
0
0001783317
McAfee Corp.
MCFE
0001829061
Hicks Terry
6220 AMERICA CENTER DRIVE
SAN JOSE
CA
95002
0
1
0
0
See Remarks
Class A Common Stock
2021-01-19
4
M
0
17772
A
17772
D
Class A Common Stock
2021-01-19
4
F
0
6514
18.51
D
11258
D
Restricted Stock Units
2021-01-19
4
M
0
9865
0.00
D
Class A Common Stock
9865
69079
D
Restricted Stock Units
2021-01-19
4
M
0
2059
0.00
D
Class A Common Stock
2059
14437
D
Restricted Stock Units
2021-01-19
4
M
0
5848
0.00
D
Class A Common Stock
5848
64328
D
Restricted Stock Units
2021-01-20
4
A
0
150000
0.00
A
Class A Common Stock
150000
150000
D
Restricted Stock Units
2021-01-20
4
A
0
31364
0.00
A
Class A Common Stock
31364
31364
D
Restricted Stock Units
2021-01-20
4
A
0
9540
0.00
A
Class A Common Stock
9540
9540
D
Management Incentive Units
6.021
2021-01-20
4
A
0
794916
0.00
A
Class A Common Stock
794916
794916
D
Reflects shares of the Issuer's Class A common stock received upon vesting of an equal number of restricted stock units ("RSUs").
Reflects withholding of shares of the Issuer's Class A common stock upon vesting of RSUs to satisfy the Reporting Person's tax withholding obligation, based on the last reported sale price of the Issuer's Class A common stock on January 15, 2021.
Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
The remaining RSUs vest in seven equal quarterly installments beginning on March 31, 2021.
The remaining RSUs vest in seven equal quarterly installments beginning on March 31, 2021.
The remaining RSUs vest in eleven equal quarterly installments beginning on March 31, 2021.
On January 20, 2021, the Issuer amended the terms of previously granted performance-based RSUs. As amended, these RSUs vest (i) in full upon the satisfaction of certain performance criteria related returns achieved by certain of the Issuer's stockholders (inclusive of dividends) or (ii) if such performance criteria have not been satisfied prior thereto, in three equal annual installments beginning on October 21, 2021.
Reflects Management Incentive Units of Foundation Technology Worldwide LLC ("MIUs") which are profits interests that are economically similar to stock-settled stock options. Vested MIUs are exchangeable, at the holder's election, for a number of shares of Class A Common Stock equal in value to the "spread value" represented by the excess of the value of shares of Class A Common Stock at the time of exchange above the "return threshold" associated with the MIUs, multiplied by the number of MIUs being exchanged. The number reflected in Table II reflects the number of MIUs held by the Reporting Person. The MIUs do not have an expiration date.
On January 20, 2021, the Issuer amended the terms of previously granted performance-based MIUs. As amended, these MIUs vest (i) in full upon the satisfaction of certain performance criteria related returns achieved by certain of the Issuer's stockholders (inclusive of dividends) or (ii) if such performance criteria have not been satisfied prior thereto, in three equal annual installments beginning on October 21, 2021.
Executive Vice President and General Manager, Consumer Business. Mr. Ross is signing on behalf of the Reporting Person pursuant to a Limited Power of Attorney dated October 21 2020, which was previously filed with the Securities and Exchange Commission.
/s/ Jared Ross, as Attorney-in-Fact
2021-01-21