Alpana Wegner - Dec 23, 2024 Form 4 Insider Report for SecureWorks Corp (SCWX)

Role: Chief Financial Officer
Signature: /s/ George B. Hanna, Attorney-in-Fact
Stock symbol: SCWX
Transactions as of: Dec 23, 2024
Transactions value $: -$355,331
Form type: 4
Date filed: 12/26/2024, 04:36 PM
Previous filing: Jun 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCWX	Class A Common Stock	Tax liability	-$355K	-42.1K	-6.07%	$8.45	650K	Dec 23, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares withheld by SecureWorks Corp. for payment of the tax liability incurred upon the accelerated vesting of 91,914 restricted stock units ("RSUs") that were originally scheduled to vest on March 18, 2025. The RSUs were accelerated to vest on December 23, 2024 in order to mitigate impacts that could arise under Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended. The Reporting Person has signed a letter agreement providing that such accelerated RSUs are subject to certain forfeiture conditions.

Content

Reflects shares withheld by SecureWorks Corp. for payment of the tax liability incurred upon the accelerated vesting of 91,914 restricted stock units ("RSUs") that were originally scheduled to vest on March 18, 2025. The RSUs were accelerated to vest on December 23, 2024 in order to mitigate impacts that could arise under Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended. The Reporting Person has signed a letter agreement providing that such accelerated RSUs are subject to certain forfeiture conditions.