William D. Green - 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, 06:34 PM
Previous filing
Jul 11, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DELL Class C Common Stock Award $0 +9.47K +34.5% $0.00 36.9K Sep 20, 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding DELL Options to Acquire Class C Common Stock 273K Sep 20, 2022 Class C Common Stock 273K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of 3,382 shares of Class C Common Stock and 6,089 restricted stock units ("RSUs"). The RSUs 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 (a) 2,162 RSUs previously reported by the reporting person were adjusted to a total of 4,255 RSUs and (b) 138,584 options to purchase Class C Common Stock of the Issuer ("stock options") previously reported by the reporting person were adjusted to a total of 272,736 stock options. The adjusted exercise prices of the stock options range from $13.60 to $31.14, inclusive.
F3 The stock options are fully vested.
F4 The stock options will expire on dates ranging from September 14, 2026 through September 27, 2029, depending on the grant date of the applicable award.

Remarks:

Exhibit 24 - Power of Attorney