John Dabiri - Jun 23, 2023 Form 4 Insider Report for NVIDIA CORP (NVDA)

Role
Director
Signature
/s/ Rebecca Peters, Attorney-in-Fact for John Dabiri
Stock symbol
NVDA
Transactions as of
Jun 23, 2023
Transactions value $
-$120,142
Form type
4
Date filed
6/27/2023, 05:48 PM
Previous filing
Jun 5, 2023
Next filing
Nov 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVDA Common Award $0 +650 +31.96% $0.00 2.68K Jun 23, 2023 Direct F1
transaction NVDA Common Sale -$120K -283 -10.54% $424.53 2.4K Jun 26, 2023 Direct F2
* 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 Annual grant in connection with service on the Board of Directors. The shares represent restricted stock units that were received as an award, for no consideration. The restricted stock units shall vest as to 50% of the shares on November 15, 2023 and 50% of the shares on May 15, 2024. If the Reporting Person's service as a director terminates at any time due to death, the grant shall immediately become fully vested.
F2 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2023.