Jeffrey W. Clarke - Mar 15, 2023 Form 4 Insider Report for Dell Technologies Inc. (DELL)

Role
Co-COO & Vice Chairman
Signature
/s/ James Williamson, Attorney-in-Fact
Stock symbol
DELL
Transactions as of
Mar 15, 2023
Transactions value $
-$1,369,261
Form type
4
Date filed
3/17/2023, 04:32 PM
Previous filing
Aug 23, 2022
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DELL Class C Common Stock Award $0 +88K +12.28% $0.00 804K Mar 15, 2023 Direct F1, F2
transaction DELL Class C Common Stock Award $0 +320K +39.78% $0.00 1.12M Mar 15, 2023 Direct F3
transaction DELL Class C Common Stock Tax liability -$1.37M -36.5K -3.24% $37.55 1.09M Mar 15, 2023 Direct F4
transaction DELL Class C Common Stock Award $0 +348K +31.96% $0.00 1.44M Mar 15, 2023 Direct F5
holding DELL Class C Common Stock 100K Mar 15, 2023 By trust F6
holding DELL Class C Common Stock 100K Mar 15, 2023 By trust F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of 87,977 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.
F2 The amount of securities shown as beneficial owned following the reported transaction includes 944 shares of Class C Common Stock acquired in multiple small transactions, substantially all of which were in 2021, by the reporting person's financial advisor for the reporting person's account. The reporting person only recently became aware of the purchases.
F3 Represents a grant of 319,914 RSUs. The RSUs vest 20% on the first anniversary, 30% on the second anniversary and 50% on the third anniversary of the grant date contingent on the reporting person's continued service on each applicable vesting date.
F4 Represents shares withheld by the Issuer for payment of the tax liability incurred upon the partial vesting of RSUs granted on March 15, 2020, March 15, 2021 and March 15, 2022.
F5 Represents 566,723 shares certified as earned with respect to an award of performance-based RSUs granted on March 15, 2020, net of 219,072 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.
F6 Held by two family trusts of which the reporting person and his spouse serve as Co-Managing Trustees.