William F. Scannell - Dec 2, 2021 Form 4 Insider Report for Dell Technologies Inc. (DELL)

Role: Pres., Glob. Sales & Cust. Ops
Signature: /s/ Robert Potts, Attorney-in-Fact
Stock symbol: DELL
Transactions as of: Dec 2, 2021
Transactions value $: -$8,840,130
Form type: 4
Date filed: 12/6/2021, 03:58 PM
Previous filing: Sep 9, 2021
Next filing: Dec 13, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DELL	Class C Common Stock	Sale	-$8.84M	-155K	-20.91%	$57.00	587K	Dec 2, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents multiple sales transactions effected at the price of $57.00.
F2	On November 1, 2021, Dell Technologies Inc. (the "Issuer") completed a special distribution of all of the shares of common stock of its former subsidiary, VMware, Inc., that it beneficially owned to its stockholders on a pro rata basis (the "Transaction"). In connection with the Transaction, the Issuer implemented an equitable adjustment to outstanding equity awards held by participants in the Issuer's 2013 Stock Incentive Plan in accordance with the terms of the plan. As a result, the 298,101 restricted stock units ("RSUs") previously reported as beneficially owned by the reporting person were adjusted and the reporting person now beneficially owns 586,682 RSUs.

Content

Represents multiple sales transactions effected at the price of $57.00.

On November 1, 2021, Dell Technologies Inc. (the "Issuer") completed a special distribution of all of the shares of common stock of its former subsidiary, VMware, Inc., that it beneficially owned to its stockholders on a pro rata basis (the "Transaction"). In connection with the Transaction, the Issuer implemented an equitable adjustment to outstanding equity awards held by participants in the Issuer's 2013 Stock Incentive Plan in accordance with the terms of the plan. As a result, the 298,101 restricted stock units ("RSUs") previously reported as beneficially owned by the reporting person were adjusted and the reporting person now beneficially owns 586,682 RSUs.