DAVID J. GRAIN - 20 Sep 2022 Form 4 Insider Report for Dell Technologies Inc. (DELL)

Role
Director
Signature
Christopher Garcia, Attorney-in-Fact
Issuer symbol
DELL
Transactions as of
20 Sep 2022
Net transactions value
$0
Form type
4
Filing time
22 Sep 2022, 18:27:07 UTC
Previous filing
05 Jul 2022
Next filing
03 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DELL Class C Common Stock Award $0 +8,795 +143% $0.000000 14,942 20 Sep 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of 8,795 deferred stock units ("DSUs"). The DSUs vest in full on the first anniversary of the annual meeting of stockholders of Dell Technologies Inc. held on June 27, 2022, contingent on the reporting person's continued service on such vesting date.
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 of which 3,123 DSUs previously reported by the reporting person were adjusted to a total of 6,147 DSUs.

Remarks:

Exhibit 24 - Power of Attorney