Allison Dew - Jul 13, 2023 Form 4 Insider Report for Dell Technologies Inc. (DELL)

Signature
/s/ James Williamson, Attorney-in-Fact
Stock symbol
DELL
Transactions as of
Jul 13, 2023
Transactions value $
-$18,176,744
Form type
4
Date filed
7/17/2023, 04:49 PM
Previous filing
Mar 17, 2023
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 Sale -$2.61M -47.7K -11.16% $54.78 380K Jul 13, 2023 Direct F1, F2
transaction DELL Class C Common Stock Sale -$3.7M -66.6K -17.55% $55.48 313K Jul 13, 2023 Direct F1, F3
transaction DELL Class C Common Stock Sale -$2.66M -48.5K -15.49% $54.76 265K Jul 13, 2023 Direct F1, F4
transaction DELL Class C Common Stock Sale -$3.45M -62.2K -23.53% $55.47 202K Jul 13, 2023 Direct F1, F5
transaction DELL Class C Common Stock Sale -$5.76M -104K -51.39% $55.39 98.4K Jul 13, 2023 Direct F1, F6
holding DELL Class C Common Stock 678 Jul 13, 2023 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 12, 2023.
F2 The price reported in Column 4 represents a weighted average sales price of $54.7767. These shares were sold in multiple transactions at prices ranging from $54.285 to $55.280, 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 ranges set forth in footnotes 2 through 6.
F3 The price reported in Column 4 represents a weighted average sales price of $55.4799. These shares were sold in multiple transactions at prices ranging from $55.285 to $55.650, inclusive.
F4 The price reported in Column 4 represents a weighted average sales price of $54.7613. These shares were sold in multiple transactions at prices ranging from $54.280 to $55.250, inclusive.
F5 The price reported in Column 4 represents a weighted average sales price of $55.4728. These shares were sold in multiple transactions at prices ranging from $55.285 to $55.630, inclusive.
F6 The price reported in Column 4 represents a weighted average sales price of $55.3859. These shares were sold in multiple transactions at prices ranging from $55.000 to $55.650, inclusive.