Debora Shoquist - Dec 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
Dec 18, 2023
Transactions value $
-$10,000,860
Form type
4
Date filed
12/20/2023, 05:20 PM
Previous filing
Dec 15, 2023
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVDA Common Stock Sale -$10M -20K -27.01% $500.04 54K Dec 18, 2023 By Trust F1, F2, F3
holding NVDA Common Stock 190K Dec 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 August 27, 2023.
F2 Represents weighted average sales price. The shares were sold at prices ranging from $500.00 to $500.67. 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 The shares are held by the Debora C. Shoquist Revocable Living Trust, of which the Reporting Person is a trustee.