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Form 4 SecureWorks Corp For: Mar 01 Filed by: Cote Michael R

March 5, 2018 8:04 PM
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
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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 *
Cote Michael R

(Last) (First) (Middle)
C/O SECUREWORKS CORP.
ONE CONCOURSE PARKWAY NE, SUITE 500

(Street)
ATLANTA, GA 30328

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SecureWorks Corp [ SCWX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2018
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
Class A Common Stock 03/01/2018 D (1) 15,595 D $ 0 (1) 606,552 D
Class A Common Stock 03/02/2018 A (2) 280,000 A $ 0 (2) 886,552 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
Explanation of Responses:
1. Reflects unvested shares of performance-based restricted stock granted on March 7, 2017 forfeited to SecureWorks Corp. on March 1, 2018.
2. Represents a grant of 140,000 time-based and 140,000 performance-based restricted shares. The time-based restricted shares vest in three equal installments on the first, second and third anniversaries of the grant date, contingent on the reporting person's continued service on each vesting date. The performance-based restricted shares vest, in whole or in part, only to the extent that SecureWorks Corp. achieves certain performance measures for its fiscal year ending February 1, 2019. The performance-based restricted shares, if any, earned by the reporting person will vest in three equal installments on each of (i) the date on which achievement, if any, of the performance measures is certified, or, if later, the first anniversary of the grant date, (ii) the second anniversary of the grant date and (iii) the third anniversary of the grant date, contingent on the reporting person's continued service on each vesting date.
Remarks:
Remarks: Exhibit 24 - Power of Attorney.
/s/ George B. Hanna, Attorney-in-Fact 03/05/2018
** 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).
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Exhibit 24
Limited Power of Attorney for Section 16 Reporting Obligations
The undersigned hereby constitutes and appoints Janet Bawcom, James Williamson, George B. Hanna and R. Wayne Jackson as the undersigned's true and lawful attorneys-in-fact to:
(1)
execute for and on behalf of the undersigned reports on Forms 3, 4 and 5 relating to SecureWorks Corp. in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;
(2)
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete the execution of any such report on Form 3, 4, or 5 and the timely filing of such form with the Securities and Exchange Commission and any other authority; and
(3)
take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned.
The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary and proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that none of the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, is assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. This Power of Attorney may be revoked only by delivering a signed, original "Revocation of Power of Attorney" to the attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 17th day of August, 2017.



/s/ Michael R. Cote 
Name:  Michael R. Cote

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