Dell Technologies Inc. — Director's Dealing 2025

Mar 18, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dell Technologies Inc. (DELL)
CIK: 0001571996
Period of Report: 2025-03-15

Reporting Person: CLARKE JEFFREY W (COO & Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-15	Class C Common Stock	A	48605	—	Acquired	1605483	Direct
2025-03-15	Class C Common Stock	F	61039	$95.67	Disposed	1544444	Direct
2025-03-15	Class C Common Stock	A	137864	—	Acquired	1682308	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class C Common Stock	100000	Indirect
Class C Common Stock	100000	Indirect

Footnotes

F1: Represents a grant of 48,605 restricted stock units ("RSUs"). The RSUs vest in three annual installments with 20% vesting on the first anniversary, 30% vesting on the second anniversary and 50% vesting on the third anniversary of the grant date contingent on the reporting person's continued service on each applicable vesting date.

F2: Represents shares withheld by the Issuer for payment of the tax liability incurred upon the partial vesting of RSUs granted on March 15, 2022, March 15, 2023 and March 15, 2024.

F3: Represents 224,728 shares certified as earned with respect to an award of performance-based RSUs granted on March 15, 2022, net of 86,864 shares withheld by the Issuer for payment of the tax liability incurred on vesting of such shares. Vesting of the performance-based RSUs occurred simultaneously with their certification.

F4: Held by two family trusts of which the reporting person and his spouse serve as Co-Managing Trustees.