Debora Shoquist - May 18, 2023 Form 4 Insider Report for NVIDIA CORP (NVDA)

Signature
/s/ Rebecca Peters, Attorney-in-Fact for Debora Shoquist
Stock symbol
NVDA
Transactions as of
May 18, 2023
Transactions value $
-$7,040,620
Form type
4
Date filed
5/22/2023, 04:35 PM
Previous filing
Mar 17, 2023
Next filing
Jun 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVDA Common Stock Sale -$7.04M -23.1K -14.17% $305.00 140K May 18, 2023 By Trust F1, F2
holding NVDA Common Stock 213K May 18, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 3, 2022.
F2 The shares are held by the Debora C. Shoquist Revocable Living Trust, of which the Reporting Person is a trustee.