Jen Hsun Huang - Sep 14, 2023 Form 4 Insider Report for NVIDIA CORP (NVDA)

Role
President and CEO, Director
Signature
/s/ Rebecca Peters, Attorney-in-Fact for Jen-Hsun Huang
Stock symbol
NVDA
Transactions as of
Sep 14, 2023
Transactions value $
-$12,934,609
Form type
4
Date filed
9/18/2023, 05:00 PM
Previous filing
Sep 13, 2023
Next filing
Sep 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVDA Common Stock Options Exercise $119K +29.7K +0.37% $4.00* 7.95M Sep 14, 2023 Direct F1
transaction NVDA Common Stock Sale -$859K -1.9K -0.02% $452.23 7.95M Sep 14, 2023 Direct F1, F2
transaction NVDA Common Stock Sale -$589K -1.3K -0.02% $453.17 7.95M Sep 14, 2023 Direct F1, F3
transaction NVDA Common Stock Sale -$1.92M -4.24K -0.05% $454.19 7.94M Sep 14, 2023 Direct F1, F4
transaction NVDA Common Stock Sale -$3.63M -7.97K -0.1% $455.30 7.93M Sep 14, 2023 Direct F1, F5
transaction NVDA Common Stock Sale -$2.38M -5.22K -0.07% $456.14 7.93M Sep 14, 2023 Direct F1, F6
transaction NVDA Common Stock Sale -$2.13M -4.67K -0.06% $457.26 7.92M Sep 14, 2023 Direct F1, F7
transaction NVDA Common Stock Sale -$1.65M -3.59K -0.05% $458.10 7.92M Sep 14, 2023 Direct F1, F8
transaction NVDA Common Stock Sale -$367K -800 -0.01% $458.98 7.92M Sep 14, 2023 Direct F1, F9
transaction NVDA Common Stock Options Exercise $475K +119K +1.5% $4.00* 8.04M Sep 15, 2023 Direct
holding NVDA Common Stock 60.6M Sep 14, 2023 By Trust F10
holding NVDA Common Stock 4.95M Sep 14, 2023 By Partnership F11
holding NVDA Common Stock 2.23M Sep 14, 2023 By Irrevocable Trust F12
holding NVDA Common Stock 5.01M Sep 14, 2023 By Irrevocable Remainder Trust F13
holding NVDA Common Stock 2.97M Sep 14, 2023 The Lori Lynn Huang 2016 Annuity Trust II Agreement
holding NVDA Common Stock 2.97M Sep 14, 2023 The Jen-Hsun Huang 2016 Annuity Trust II Agreement

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NVDA Employee Stock Option (Right to Buy) Options Exercise $0 -29.7K -20% $0.00 119K Sep 14, 2023 Common Stock 29.7K $4.00 Direct F1, F14
transaction NVDA Employee Stock Option (Right to Buy) Options Exercise $0 -119K -100% $0.00* 0 Sep 15, 2023 Common Stock 119K $4.00 Direct F14
* 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 29, 2023.
F2 Represents weighted average sales price. The shares were sold at prices ranging from $451.62 to $452.55. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 Represents weighted average sales price. The shares were sold at prices ranging from $452.70 to $453.56. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 Represents weighted average sales price. The shares were sold at prices ranging from $453.70 to $454.59. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5 Represents weighted average sales price. The shares were sold at prices ranging from $454.75 to $455.74. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F6 Represents weighted average sales price. The shares were sold at prices ranging from $455.76 to $456.69. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F7 Represents weighted average sales price. The shares were sold at prices ranging from $456.76 to $457.72. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F8 Represents weighted average sales price. The shares were sold at prices ranging from $457.76 to $458.68. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F9 Represents weighted average sales price. The shares were sold at prices ranging from $458.76 to $459.55. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F10 The shares are held by Jen-Hsun Huang and Lori Huang, as co-trustees of the Jen-Hsun & Lori Huang Living Trust, u/a/d May 1, 1995 (the "Trust"), of which the Reporting Person is a trustee.
F11 The shares are held by J. and L. Huang Investments, L.P., of which the Trust is the general partner.
F12 The shares are held by The Huang 2012 Irrevocable Trust, of which the Reporting Person is a trustee.
F13 The shares are held by The Huang Irrevocable Remainder Trust u/a/d February 19, 2016, of which the Reporting Person is a trustee.
F14 Fully vested.