Egon Durban - 07 Jul 2021 Form 4 Insider Report for Dell Technologies Inc. (DELL)

Role
Director
Signature
/s/ Egon Durban
Issuer symbol
DELL
Transactions as of
07 Jul 2021
Net transactions value
-$11,724,305
Form type
4
Filing time
09 Jul 2021, 17:00:17 UTC
Previous filing
07 Jul 2021
Next filing
05 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DELL Class C Common Stock Sale $11,341,040 -113,628 -100% $99.81 0 07 Jul 2021 Direct F1
transaction DELL Class C Common Stock Sale $383,265 -3,840 -100% $99.81 0 07 Jul 2021 See footnote F1, F2
holding DELL Class C Common Stock 84,058 07 Jul 2021 Held through Silver Lake Group, L.L.C. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.64 to $100.07, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members.
F3 Represents shares of Class C Common Stock held by Silver Lake Group, L.L.C. ("SLG"). Mr. Durban is a Co-CEO and Managing Partner of SLG. This Form 4 does not include the aggregate of 95,350,227 shares of Class B Common Stock of the Issuer which certain affiliates of SLG continue to hold as of the date of filing.

Remarks:

This filing shall not be deemed an admission that the Reporting Person is the beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and the Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any.