---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-099111"
form_type: "8-K"
ticker: "GEN"
cik: "0000849399"
company_name: "Gen Digital Inc."
filed_at: "2022-09-12T23:59:59+00:00"
generated_at: "2026-06-23T11:34:59.877988+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# NortonLifeLock completes $5.97B cash-and-stock merger with Avast, expands board

## Summary
- Issued 94,201,223 shares and ~$5.97B in cash; Avast shareholders elected 36.5% stock option, 63.5% cash option.
- Board expanded to 10; Ondrej Vlček appointed President and director, Pavel Baudiš appointed director.
- Entered $9.1B credit facilities: $1.5B revolver, $3.91B Term A, $3.69B Term B; maturities 5-7 years.
- Priced $1.5B senior notes: $900M 6.750% notes due 2027 and $600M 7.125% notes due 2030.
- Avast delisted from London Stock Exchange; combined company to trade as NLOK until new name/ticker.

## SEC filing metadata
- accession: 0001104659-22-099111
- form_type: 8-K
- ticker: GEN
- cik: 0000849399
- company_name: Gen Digital Inc.
- filed_at: 2022-09-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849399/000110465922099111/0001104659-22-099111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849399/000110465922099111/tm2225494d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-099111
- JSON: https://secwatch.observer/filing/0001104659-22-099111.json
- Plain text: https://secwatch.observer/filing/0001104659-22-099111.txt

## Key facts
- Executive change
  Ondrej Vlček was appointed as Director at Gen Digital Inc..
  - Action: appointed
  - Role: Director
  source text: the Company will expand the size of its Board from 9 to 10 members and appoint Ondrej Vlček and Pavel Baudiš to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/849399/000110465922099111/0001104659-22-099111-index.htm
- Executive change
  Ondrej Vlček was appointed as President at Gen Digital Inc..
  - Action: appointed
  - Role: President
  source text: In addition, Mr. Vlček was appointed President of the combined Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/849399/000110465922099111/0001104659-22-099111-index.htm
- Executive change
  Pavel Baudiš was appointed as Director at Gen Digital Inc..
  - Action: appointed
  - Role: Director
  source text: the Company will expand the size of its Board from 9 to 10 members and appoint Ondrej Vlček and Pavel Baudiš to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/849399/000110465922099111/0001104659-22-099111-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.