Dell Inc - Nov 1, 2021 Form 4 Insider Report for VMWARE, INC. (VMW)

Role
10%+ Owner
Signature
Dell Inc. By: /s/ Robert Potts, Senior Vice President & Assistant Secretary
Stock symbol
VMW
Transactions as of
Nov 1, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 06:48 PM
Previous filing
Oct 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMW Class A Common Stock Other $0 -30.7M -100% $0.00* 0 Nov 1, 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 VMW Class B Common Stock Other -307M -100% 0 Nov 1, 2021 Class A Common Stock 307M Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Dell Inc is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects a distribution of shares of Class A Common Stock of VMware, Inc. (the "Issuer") by the reporting person to its parent, Denali Intermediate Inc. ("Denali"), which in turn distributed such shares to its parent, Dell Technologies Inc. ("Dell Technologies"). Subsequent to the foregoing, Dell Technologies distributed all of the shares of Class A Common Stock and Class B Common Stock of the Issuer which it owned to its stockholders on a pro rata basis (the "Distribution").
F2 Reflects a distribution of shares of Class B Common Stock of the Issuer by the reporting person to Denali, which in turn distributed such shares to Dell Technologies. Each share of Class B Common Stock was convertible into one share of Class A Common Stock of the Issuer at any time, upon the election of the holder. Subsequent to the foregoing, as described in footnote 1, Dell Technologies distributed all of the shares of Class B Common Stock which it owned in the Distribution. Immediately following, and automatically as a result of, the Distribution, and prior to receipt thereof by Dell Technologies' stockholders, each share of Class B Common Stock converted into one share of Class A Common Stock of the Issuer.