Jeffrey W. Clarke - 15 Mar 2024 Form 4 Insider Report for Dell Technologies Inc. (DELL)

Signature
James Williamson, Attorney-in-Fact
Issuer symbol
DELL
Transactions as of
15 Mar 2024
Net transactions value
-$5,769,696
Form type
4
Filing time
19 Mar 2024, 16:15:28 UTC
Previous filing
23 Aug 2023
Next filing
18 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DELL Class C Common Stock Award $0 +43,458 +3.1% $0.000000 1,446,264 15 Mar 2024 Direct F1
transaction DELL Class C Common Stock Tax liability $5,769,696 -54,201 -3.7% $106.45 1,392,063 15 Mar 2024 Direct F2
transaction DELL Class C Common Stock Award $0 +164,815 +12% $0.000000 1,556,878 15 Mar 2024 Direct F3
holding DELL Class C Common Stock 100,000 15 Mar 2024 By Trust F4
holding DELL Class C Common Stock 100,000 15 Mar 2024 By trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of 43,458 restricted stock units ("RSUs"). The RSUs vest in three annual installments with 20% vesting on the first anniversary, 30% vesting on the second anniversary and 50% vesting on the third anniversary of the grant date contingent on the reporting person's continued service on each applicable vesting date.
F2 Represents shares withheld by the Issuer for payment of the tax liability incurred upon the partial vesting of RSUs granted on March 15, 2021, March 15, 2022 and March 15, 2023.
F3 Represents 269,426 shares certified as earned with respect to an award of performance-based RSUs granted on March 15, 2021, net of 104,611 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.
F4 Held by two family trusts of which the reporting person and his spouse serve as Co-Managing Trustees.