Key facts
- This page summarizes Jennifer D. Saavedra's Form 4 filing for Dell Technologies Inc. (DELL).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 17 Mar 2022, 19:01.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Tax liability
Award
Additional SEC filing notes
Footnote F1
Represents a grant of 20,162 restricted stock units ("RSUs"). The RSUs vest in three equal annual installments on the first, second and third anniversaries of the grant date contingent on the reporting person's continued service on each applicable vesting date.
Footnote 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 82,823 RSUs previously reported as beneficially owned by the reporting person were adjusted and the reporting person now beneficially owns 183,164 RSUs following the grant referred to in footnote 1.
Footnote F3
Represents shares withheld by the Issuer for payment of the tax liability incurred upon the partial vesting of RSUs granted on March 15, 2019, March 15, 2020 and March 15, 2021.
Footnote F4
Represents 10,598 shares certified as earned with respect to an award of performance-based RSUs granted on March 15, 2019, net of 3,370 shares withheld by the Issuer for payment of the tax liability incurred on vesting of such shares. Vesting of the performance-based RSUs occurred simultaneously with their certification.