Brunilda Rios - Dec 15, 2021 Form 4 Insider Report for Dell Technologies Inc. (DELL)

Role: Chief Accounting Officer
Signature: /s/ Robert Potts, Attorney-in-Fact
Stock symbol: DELL
Transactions as of: Dec 15, 2021
Transactions value $: -$20,432
Form type: 4
Date filed: 12/17/2021, 05:09 PM
Next filing: Jan 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DELL	Class C Common Stock	Tax liability	-$20.4K	-374	-1.54%	$54.63	23.9K	Dec 15, 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 shares withheld by Dell Technologies Inc. (the "Issuer") for payment of the tax liability incurred upon the partial vesting of an award of restricted stock units ("RSUs") granted on December 15, 2020.
F2	On November 1, 2021, 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 10,994 RSUs previously reported as beneficially owned by the reporting person were adjusted and the reporting person now beneficially owns 20,107 RSUs following the partial vesting referred to in footnote 1.

Content

Represents shares withheld by Dell Technologies Inc. (the "Issuer") for payment of the tax liability incurred upon the partial vesting of an award of restricted stock units ("RSUs") granted on December 15, 2020.

On November 1, 2021, 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 10,994 RSUs previously reported as beneficially owned by the reporting person were adjusted and the reporting person now beneficially owns 20,107 RSUs following the partial vesting referred to in footnote 1.