Dell Technologies Inc. — Director's Dealing 2021

Dec 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dell Technologies Inc. (DELL)
CIK: 0001571996
Period of Report: 2021-12-03

Reporting Person: ELIAS HOWARD D (CCO & Pres., Svcs. & Digital)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-03	Class C Common Stock	S	55000	$57.94	Disposed	252923	Direct

Footnotes

F1: The price reported in Column 4 represents a weighted average sales price of $57.935. These shares were sold in multiple transactions at prices ranging from $57.83 to $57.98, inclusive. The reporting person undertakes to provide to Dell Technologies Inc. (the "Issuer"), any security holder of the Issuer, 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 this footnote.

F2: On November 1, 2021, the Issuer completed a special distribution of all of the shares of common stock of its former subsidiary, VMware, Inc., that it beneficially owned to its stockholders on a pro rata basis (the "Transaction"). In connection with the Transaction, the Issuer implemented an equitable adjustment to outstanding equity awards held by participants in the Issuer's 2013 Stock Incentive Plan in accordance with the terms of the plan. As a result, the 197,658 restricted stock units ("RSUs") previously reported as beneficially owned by the reporting person were adjusted and the reporting person now beneficially owns 252,923 RSUs.