AI assistant
Dell Technologies Inc. — Director's Dealing 2022
Sep 23, 2022
29890_dirs_2022-09-22_1483d312-4aa4-4942-abc3-4a04b5cd9727.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Dell Technologies Inc. (DELL)
CIK: 0001571996
Period of Report: 2022-09-20
Reporting Person: Kullman Ellen Jamison (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-20 | Class C Common Stock | A | 8795 | — | Acquired | 57351 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Options to Acquire Class C Common Stock | $ | Class C Common Stock (272736) | 272736 | Direct |
Footnotes
F1: Represents a grant of 677 shares of Class C Common Stock, 1,523 restricted stock units ("RSUs") and 6,595 deferred stock units ("DSUs"). The RSUs and DSUs 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) 541 RSUs previously reported by the reporting person were adjusted to a total of 1,065 RSUs, (b) 21,950 DSUs previously reported by the reporting person were adjusted to a total of 43,207 DSUs and (c) 138,584 options to purchase Class C Common Stock of the Issuer ("stock options") previously reported by the reporting person were adjusted to a total of 272,736 stock options. The adjusted exercise prices of the stock options range from $13.60 to $31.14, inclusive.
F3: The stock options are fully vested.
F4: The stock options will expire on dates ranging from September 14, 2026 through September 27, 2029, depending on the grant date of the applicable award.