Gen said on May 9, 2024 that Ondrej Vlcek will step down as President on June 13, 2024 but will remain on the Board of Directors and provide consulting services to ensure an orderly transition.

1. 01

   Gen said on May 9, 2024 that Ondrej Vlcek will step down as President on June 13, 2024 but will remain on the Board of Directors and provide consulting services to ensure an orderly transition.

2. 02

   The company said on May 7, 2024 that it approved Vincent Pilette, its current Chief Executive Officer, to resume the role of President effective June 13, 2024.

3. 03

   The company said Vlcek's existing time-based restricted stock units, excluding the Holding RSUs, will continue to vest for 1 year from his departure date under their existing award agreements and the 2013 Equity Incentive Plan, provided he continues to serve as a Board member or consultant.

4. 04

   The company said all of Vlcek's unvested performance-based RSUs and the remaining tranches of his time-based grants will be forfeited as of his departure date. Holding RSUs tied to his 3-year holding commitment for Gen shares received in the Avast transaction will continue to vest if he meets the holding requirement and remains a Board member or consultant.

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Original filing

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