Michael R. Cote - Jun 23, 2021 Form 4 Insider Report for SecureWorks Corp (SCWX)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ George B. Hanna, Attorney-in-Fact
Stock symbol
SCWX
Transactions as of
Jun 23, 2021
Transactions value $
-$588,860
Form type
4
Date filed
6/25/2021, 07:05 PM
Previous filing
Jun 15, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCWX Class A Common Stock Options Exercise $2.65M +189K +11.17% $14.00 1.88M Jun 23, 2021 Direct
transaction SCWX Class A Common Stock Tax liability -$3.24M -148K -7.85% $21.91 1.73M Jun 23, 2021 Direct F1

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
transaction SCWX Options to Acquire Class A Common Stock Options Exercise $0 -189K -100% $0.00* 0 Jun 23, 2021 Class A Common Stock 189K $14.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by SecureWorks Corp. in connection with a net exercise by the reporting person of stock options granted on April 21, 2016. Such shares were withheld in satisfaction of the applicable exercise price for, and tax liability incurred upon, such exercise.
F2 The options are fully vested.