Dell Technologies Inc. — Director's Dealing 2024

Sep 18, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dell Technologies Inc. (DELL)
CIK: 0001571996
Period of Report: 2024-09-16

Reporting Person: DELL MICHAEL S (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-09-16	Class C Common Stock	M	1500000	—	Acquired	14594517	Direct
2024-09-16	Class C Common Stock	S	61808	$112.79	Disposed	14532709	Direct
2024-09-16	Class C Common Stock	S	264753	$113.33	Disposed	14267956	Direct
2024-09-16	Class C Common Stock	S	422918	$114.42	Disposed	13845038	Direct
2024-09-16	Class C Common Stock	S	386247	$115.19	Disposed	13458791	Direct
2024-09-17	Class C Common Stock	S	119206	$115.75	Disposed	13339585	Direct
2024-09-17	Class C Common Stock	S	1407646	$116.33	Disposed	11931939	Direct
2024-09-17	Class C Common Stock	S	17198	$117.45	Disposed	11914741	Direct
2024-09-17	Class C Common Stock	S	2500	$118.08	Disposed	11912241	Direct
2024-09-17	Class C Common Stock	M	25000000	—	Acquired	36912241	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-09-16	Class A Common Stock	$0	M	1500000	Disposed		Class C Common Stock (1500000)	Direct
2024-09-17	Class A Common Stock	$0	M	25000000	Disposed		Class C Common Stock (25000000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class C Common Stock	1380000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Common Stock	$0		Class C Common Stock (29890896)	29890896	Indirect

Footnotes

F1: The price reported in Column 4 represents a weighted average sales price of $112.7876. These shares were sold in multiple transactions at prices ranging from $112.23 to $112.9999 inclusive. The reporting person undertakes to provide to Dell Technologies Inc., any security holder of Dell Technologies Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in footnotes 1 through 8 of this Form 4.

F2: The price reported in Column 4 represents a weighted average sales price of $113.3310. These shares were sold in multiple transactions at prices ranging from $113.00 to $113.9999 inclusive.

F3: The price reported in Column 4 represents a weighted average sales price of $114.4169. These shares were sold in multiple transactions at prices ranging from $114.00 to $114.9999 inclusive.

F4: The price reported in Column 4 represents a weighted average sales price of $115.1906. These shares were sold in multiple transactions at prices ranging from $115.00 to $115.80 inclusive.

F5: The price reported in Column 4 represents a weighted average sales price of $115.7501. These shares were sold in multiple transactions at prices ranging from $115.0518 to $115.9999 inclusive.

F6: The price reported in Column 4 represents a weighted average sales price of $116.3332. These shares were sold in multiple transactions at prices ranging from $116.00 to $116.9948 inclusive.

F7: The price reported in Column 4 represents a weighted average sales price of $117.4549. These shares were sold in multiple transactions at prices ranging from $117.00 to $117.88 inclusive.

F8: The price reported in Column 4 represents a weighted average sales price of $118.0778. These shares were sold in multiple transactions at prices ranging from $118.02 to $118.17 inclusive.

F9: The reporting person disclaims beneficial ownership of these securities for purposes of Rule 16a-1(a)(1) and (2) under the Securities Exchange Act of 1934, and neither the filing of this statement nor anything herein shall be deemed an admission that he is, for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose, the beneficial owner of the securities.

F10: Each share of Class A common stock beneficially owned by the reporting person is convertible into one share of Class C common stock at any time at the holder's election.