Michael S. Dell - 22 Nov 2023 Form 4 Insider Report for VMWARE LLC

Reporting relationship: Director, 10%+ Owner
Issuer ticker: N/A
Reported as of: 22 Nov 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 28 Nov 2023, 19:44:18 UTC
Prior SEC filing: 19 Oct 2023
Next SEC filing: 05 Dec 2023
Source filing: View source filing
Reporting owner signature: /s/ James Williamson, Attorney-in-Fact

Key filing fact

Michael S. Dell filed Form 4 for VMWARE LLC on 28 Nov 2023.

Key facts

This page summarizes Michael S. Dell's Form 4 filing for VMWARE LLC.
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 28 Nov 2023, 19:44.

Change

Previous filing in this sequence was filed on 19 Oct 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VMW transaction

Class A Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -155,005,746
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Nov 2023
Ownership: Direct
Footnotes: F1, F2

VMW transaction

Class A Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -14,272,269
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Nov 2023
Ownership: By Susan Lieberman Dell Separate Property Trust
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Michael S. Dell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On November 22 2023, the Issuer completed the previously announced transaction with Broadcom Inc., pursuant to the Agreement and Plan of Merger dated as of May 26, 2022 (the "Merger Agreement"), whereby Broadcom Inc. indirectly acquired the Issuer (the "Merger"). [Cont'd]

Footnote F2

[Continuation] In connection with the Merger, each share of Class A Common Stock of the Issuer was exchanged for the right to receive, at the election of the holder of such share, (a) $142.50 per share in cash, without interest (the "Cash Consideration"), or (b) 0.25200 shares of common stock of Broadcom Inc. (the "Stock Consideration"), subject to proration provisions of the Merger Agreement. In accordance with the proration procedures, of the Issuer's stockholders that elected to receive Stock Consideration, approximately 52.1% of such outstanding shares of Class A Common Stock were converted into Stock Consideration and approximately 47.9% of such outstanding shares of Class A Common Stock were converted into Cash Consideration.

Footnote F3

Reflects securities held by Susan Lieberman Dell Separate Property Trust. The reporting person disclaims beneficial ownership of all shares owned by Susan Lieberman Dell Separate Property Trust for purposes of Rule 16a-1(a)(1) and (2) under the Exchange Act, and neither the filing of this statement nor anything herein shall be deemed an admission that he was, for purposes of Section 16 of the Exchange Act or for any other purpose, the beneficial owner of any of such shares.