Thomas W. Sweet - Mar 31, 2023 Form 4 Insider Report for Dell Technologies Inc. (DELL)

Role
Chief Financial Officer
Signature
/s/ James Williamson, Attorney-in-Fact
Stock symbol
DELL
Transactions as of
Mar 31, 2023
Transactions value $
-$11,375,194
Form type
4
Date filed
4/4/2023, 05:59 PM
Previous filing
Mar 17, 2023
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction DELL Class C Common Stock -Sell -$11,375,194 -283,388 -57.25% $40.14 211,608 Mar 31, 2023 Direct F1, F2

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2022.
F2 The price reported in Column 4 represents a weighted average sales price of $40.1377. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.39, inclusive. The reporting person undertakes to provide to Dell Technologies Inc., any security holder of Dell Technologies Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.