Form 4 for DELL Dell Technologies
Accepted 2022-03-17 00:00:00 ET · period of report 2022-03-15 · accession 0001062993-22-008089 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-03-17 | 2022-03-15 | DELL | Rothberg Richard J | GC, Sec | A - Grant | $0.00 | +124.3K | 290.0K | +75% | $0 |
| 2022-03-17 | 2022-03-15 | DELL | Rothberg Richard J | GC, Sec | F - Tax | $50.74 | -19.0K | 189.4K | -9% | -$962.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class C Common Stock | 2022-03-15 | A | A | 23,762 | $0.00 | 208,411 | D | — | — | (F1) Represents a grant of 23,762 restricted stock units ("RSUs"). The RSUs vest in three equal annual installments on the first, second and third anniversaries of the grant date contingent on the reporting person's continued service on each applicable 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, the 87,475 RSUs previously reported as beneficially owned by the reporting person were adjusted and the reporting person now beneficially owns 195,919 RSUs following the grant referred to in footnote 1. |
| 2 | Common | Class C Common Stock | 2022-03-15 | F | D | 18,969 | $50.74 | 189,442 | D | — | — | (F3) Represents shares withheld by the Issuer for payment of the tax liability incurred upon the partial vesting of RSUs granted on March 15, 2019, March 15, 2020 and March 15, 2021. |
| 3 | Common | Class C Common Stock | 2022-03-15 | A | A | 100,557 | $0.00 | 289,999 | D | — | — | (F4) Represents 160,936 shares certified as earned with respect to an award of performance-based RSUs granted on March 15, 2019, net of 60,379 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. |