NVIDIA CORP — Director's Dealing 2016

Mar 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVIDIA CORP (NVDA)
CIK: 0001045810
Period of Report: 2016-03-16

Reporting Person: HUANG JEN HSUN (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-16	Common Stock	A	285000	—	Acquired	1729650	Direct
2016-03-16	Common Stock	A	142500	—	Acquired	1872150	Direct
2016-03-16	Common Stock	F	94871	$33.10	Disposed	1777279	Direct
2016-03-16	Common Stock	G	3078820	—	Disposed	16143700	Indirect
2016-03-16	Common Stock	G	769705	—	Acquired	769705	Indirect
2016-03-16	Common Stock	G	769705	—	Acquired	769705	Indirect
2016-03-16	Common Stock	G	769705	—	Acquired	769705	Indirect
2016-03-16	Common Stock	G	769705	—	Acquired	769705	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1237239	Indirect
Common Stock	557000	Indirect

Footnotes

F1: Represents the stretch operating plan number of shares that will be earned, if at all, based on the achievement of a pre-established performance goal during the Issuer's fiscal year ending January 29, 2017. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The stretch operating plan number represents 150% of the target compensation plan payout of 190,000 shares. If the pre-established performance goal is achieved, the shares earned will vest as to 25% on March 15, 2017 and as to 12.5% of the shares every six months thereafter, such that the shares are fully vested on approximately the four (4) year anniversary of the date of grant.

F2: The shares represent restricted stock units that were received as an award, for no consideration.

F3: Represents the stretch operating plan number of shares that will be earned, if at all, based on the Issuer's relative shareholder return from February 1, 2016 through January 27, 2019. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The stretch operating plan number represents 150% of the target compensation plan payout of 95,000 shares. If a pre-established threshold is achieved, the shares earned will vest as to 100% on March 20, 2019, such that the shares are fully vested on approximately the three (3) year anniversary of the date of grant.

F4: Includes 181,812 shares issued upon the vesting of restricted stock units previously reported on a Form 4.

F5: Represents shares of the Issuer's common stock withheld by the Issuer to satisfy taxes due by the Reporting Person in connection with the vesting of restricted stock units previously reported on a Form 4.

F6: The shares are held by Jen-Hsun Huang and Lori Huang, as co-trustees of the Jen-Hsun & Lori Huang Living Trust, u/a/d May 1, 1995 (the "Trust"), of which the Reporting Person is a trustee.

F7: The shares are held by J. and L. Huang Investments, L.P., of which the Trust is the general partner.

F8: The shares are held by The Huang 2012 Irrevocable Trust, of which the Reporting Person is a trustee.