Item 8.01 Other Events.

On May 17, 2020, NortonLifeLock Inc. (the "Company") entered into a Convertible Notes Purchase Agreement (the "Agreement") with affiliates of Silver Lake Partners ("Silver Lake") and with affiliates of Bain Capital Fund ("Bain"), pursuant to which the Company agreed to repurchase $625,000,000 in aggregate principal amount of 2.00% convertible unsecured senior notes due 2022 (the "Note Repurchase"). These notes are convertible into common stock of the Company at a rate of 97.7364 shares for each $1,000 principal amount of notes, representing a conversion price of approximately $10.23 per share (which reflects an adjustment as a result of the special dividend that was payable on January 31, 2020). Under the terms of the Agreement, the Company will pay Silver Lake and Bain an aggregate of $1.18 billion, representing $19.25 per underlying share into which the notes are convertible, accrued and unpaid interest through the date of settlement, and a portion of the cash dividend that was declared by the Company on May 14, 2020. The Note Repurchase is expected to settle by May 26, 2020. --------------------------------------------------------------------------------

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