SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Bolin Christopher S

(Last) (First) (Middle)
5000 HEADQUARTERS DRIVE

(Street)
PLANO TX 75024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
McAfee, Inc. [ MFE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CTO
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/12/2008 S 7,072(1) D $34.5045 0 D
Common Stock 02/12/2008 M 5,000 A $11.0625 5,000 D
Common Stock 02/12/2008 S 5,000 D $34.4123 0 D
Common Stock 02/12/2008 M 10,000 A $11.0625 10,000 D
Common Stock 02/12/2008 S 10,000 D $34.4123 0 D
Common Stock 02/12/2008 M 10,000 A $16.9375 10,000 D
Common Stock 02/12/2008 S 10,000 D $34.4123 0 D
Common Stock 02/12/2008 M 4,500 A $24.5625 4,500 D
Common Stock 02/12/2008 S 4,500 D $34.4123 0 D
Common Stock 02/12/2008 M 20,000 A $21.125 20,000 D
Common Stock 02/12/2008 S 20,000 D $34.4123 0 D
Common Stock 02/12/2008 M 70,417 A $4.1875 70,417 D
Common Stock 02/12/2008 S 70,417 D $34.4123 0 D
Common Stock 02/12/2008 M 40,000 A $25.43 40,000 D
Common Stock 02/12/2008 S 40,000 D $34.4123 0 D
Common Stock 02/12/2008 M 35,000 A $16.9 35,000 D
Common Stock 02/12/2008 S 35,000 D $34.4123 0 D
Common Stock 02/12/2008 M 30,000 A $18.9 30,000 D
Common Stock 02/12/2008 S 30,000 D $34.4123 0 D
Common Stock 02/12/2008 M 70,313 A $16.75 70,313 D
Common Stock 02/12/2008 S 70,313 D $34.4123 0 D
Common Stock 02/12/2008 M 55,000 A $21.61 55,000 D
Common Stock 02/12/2008 S 55,000 D $34.4123 0 D
Common Stock 02/12/2008 M 2,083 A $6.0312 2,083 D
Common Stock 02/12/2008 S 2,083 D $34.4123 0 D
Common Stock 02/12/2008 S 10,758 D $34.4123 27,424(2) D
Common Stock 50,000(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $11.0625 02/12/2008 M 5,000 (4) 04/20/2009 Common Stock 5,000 $0.00 0 D
Employee Stock Option (Right to Buy) $11.0625 02/12/2008 M 10,000 (4) 10/01/2008 Common Stock 10,000 $0.00 0 D
Employee Stock Option (Right to Buy) $16.9375 02/12/2008 M 10,000 (4) 10/18/2009 Common Stock 10,000 $0.00 0 D
Employee Stock Option (Right to Buy) $24.5625 02/12/2008 M 4,500 (4) 01/04/2010 Common Stock 4,500 $0.00 0 D
Employee Stock Option (Right to Buy) $21.125 02/12/2008 M 20,000 (4) 07/03/2010 Common Stock 20,000 $0.00 0 D
Employee Stock Option (Right to Buy) $4.1875 02/12/2008 M 70,417 (4) 01/02/2011 Common Stock 70,417 $0.00 0 D
Employee Stock Option (Right to Buy) $25.43 02/12/2008 M 40,000 (4) 01/16/2012 Common Stock 40,000 $0.00 0 D
Employee Stock Option (Right to Buy) $16.9 02/12/2008 M 35,000 (4) 01/02/2013 Common Stock 35,000 $0.00 0 D
Employee Stock Option (Right to Buy) $18.9 02/12/2008 M 30,000 (4) 01/02/2014 Common Stock 30,000 $0.00 0 D
Employee Stock Option (Right to Buy) $16.75 02/12/2008 M 70,313 (4) 05/14/2014 Common Stock 70,313 $0.00 4,687 D
Employee Stock Option (Right to Buy) $21.61 02/12/2008 M 55,000 (4) 04/19/2015 Common Stock 55,000 $0.00 25,000 D
Employee Stock Option (Right to Buy) $6.0312 02/12/2008 M 2,083 (4) 01/02/2011 Common Stock 2,083 $0.00 0 D
Explanation of Responses:
1. These shares were acquired via participation in the issuer's Employee Stock Purchase Plan.
2. The reportee was granted 50,000 shares of restricted stock on August 23, 2005. 16,667 shares vested on each of the first and second anniversaries of the grant, and 16,666 shares will vest on the third anniversary of the grant. The number of derivative securities beneficially owned following this reported transaction with respect to this award is comprised of the remaining 16,666 shares that will vest on the third anniversary of the grant, and 10,758 shares representing the after-tax amount of shares vested on the second anniversary of the grant.
3. The reportee was granted restricted stock units (RSUs) on March 7, 2006. The RSUs will vest 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date.
4. 25% of the shares subject to the option shall vest one year from the date of grant and the remaining 75% shall vest monthly over the next 36 months until the option is fully vested on the fourth anniversary of the grant date.
Remarks:
/s/ Charles L. Deaton, Attorney-in-Fact 02/15/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.