Ajay K. Puri - Jul 12, 2024 Form 4 Insider Report for NVIDIA CORP (NVDA)

Signature
/s/ Rebecca Peters, Attorney-in-Fact for Ajay K. Puri
Stock symbol
NVDA
Transactions as of
Jul 12, 2024
Transactions value $
-$13,023,949
Form type
4
Date filed
7/15/2024, 04:59 PM
Previous filing
Jun 21, 2024
Next filing
Sep 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVDA Common Stock Sale -$579K -4.53K -0.11% $127.76 4.03M Jul 12, 2024 By Trust F1, F2, F3, F4
transaction NVDA Common Stock Sale -$1.28M -10K -0.25% $128.49 4.02M Jul 12, 2024 By Trust F1, F3, F4, F5
transaction NVDA Common Stock Sale -$3.41M -26.3K -0.65% $129.54 4M Jul 12, 2024 By Trust F1, F3, F4, F6
transaction NVDA Common Stock Sale -$5.17M -39.7K -0.99% $130.49 3.96M Jul 12, 2024 By Trust F1, F3, F4, F7
transaction NVDA Common Stock Sale -$2.58M -19.6K -0.5% $131.40 3.94M Jul 12, 2024 By Trust F1, F3, F4, F8
holding NVDA Common Stock 983K Jul 12, 2024 Direct
holding NVDA Common Stock 46.4K Jul 12, 2024 By Children's Trust F9
* 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 April 12, 2024.
F2 Represents weighted average sales price. The shares were sold at prices ranging from $127.33 to $127.99. The Reporting Person will provide upon request, to the Securities and Exchange Commission (the "SEC"), the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 Adjusted to reflect a ten-for-one forward split of the Issuer's common stock effective after market close on June 7, 2024.
F4 The shares are held by the Ajay K. Puri Revocable Trust dtd 12/10/2015, of which the Reporting Person is trustee.
F5 Represents weighted average sales price. The shares were sold at prices ranging from $128.01 to $128.99. 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 $129.00 to $129.99. 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 to $130.00 to $130.99. 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 $131.00 to $131.89. 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 The shares are held by The Puri 2019 Irrevocable Children's Trust dtd 12/06/2019, of which the Reporting Person is trustee. Mr. Puri disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein, if any.