David J. Grain - Sep 20, 2022 Form 4 Insider Report for Dell Technologies Inc. (DELL)

Role: Director
Signature: Christopher Garcia, Attorney-in-Fact
Stock symbol: DELL
Transactions as of: Sep 20, 2022
Transactions value $: $0
Form type: 4
Date filed: 9/22/2022, 06:27 PM
Previous filing: Jul 5, 2022
Next filing: Oct 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DELL	Class C Common Stock	Award	$0	+8.8K	+143.08%	$0.00	14.9K	Sep 20, 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.

Content

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.

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