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): August 15, 2005
SYMANTEC CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction of
incorporation)
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000-17781
(Commission
File Number)
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77-0181864
(IRS Employer
Identification No.) |
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20330 Stevens Creek Blvd., Cupertino, California
(Address of principal executive offices)
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95014
(Zip Code) |
Registrant’s telephone number, including area code (408) 517-8000
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):
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Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c)) |
ITEM
8.01 OTHER EVENTS
Symantec Corporation (the “Company”) permits its directors, officers and employees to enter into
stock trading plans adopted pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934. Rule
10b5-1 allows insiders to sell and diversify their holdings in the Company over a designated
period by adopting pre-arranged stock trading plans at a time when they are not aware of material
nonpublic information about the Company, and thereafter sell shares of the Company’s common stock
in accordance with the terms of their stock trading plans.
On August 15, 2005, Gary Bloom, the Company’s President and Vice Chairman, adopted a stock
trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, pursuant to which his
broker will undertake to sell in the open market, on specified dates from November 2005 through
August 2006, up to a maximum of 1,221,000 shares of common stock of the Company to be issued upon
the exercise of existing employee stock options. After giving effect to the potential sale of
these shares and should all of these shares be sold under the stock
trading plan, Mr. Bloom will continue to hold, as of August 15, 2005, employee stock options to
acquire approximately 3.46 million shares of the Company’s common stock.