Dell Technologies Inc. — Director's Dealing 2022

Sep 23, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dell Technologies Inc. (DELL)
CIK: 0001571996
Period of Report: 2022-09-20

Reporting Person: Vojvodich Radakovich Lynn (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-09-20	Class C Common Stock	A	6089	—	Acquired	18457	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options to Acquire Class C Common Stock	$		Class C Common Stock (84198)	84198	Direct

Footnotes

F1: Represents a grant of 6,089 restricted stock units ("RSUs"). The RSUs vest in full on the first anniversary of the annual meeting of stockholders of Dell Technologies Inc. held on June 27, 2022, contingent on the reporting person's continued service on such vesting date.

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 of which (a) 2,162 RSUs previously reported by the reporting person were adjusted to a total of 4,255 RSUs and (b) 42,783 options to purchase Class C Common Stock of the Issuer ("stock options") previously reported by the reporting person were adjusted to a total of 84,198 stock options. The adjusted exercise prices of the stock options range from $25.89 to $31.14, inclusive.

F3: A total of 66,024 stock options are fully vested and 18,174 stock options vest on April 2, 2023.

F4: The stock options will expire on dates ranging from April 2, 2029 through September 27, 2029, depending on the grant date of the applicable award.