Form 4 for DELL Dell Technologies
Accepted 2022-03-17 00:00:00 ET · period of report 2022-03-15 · accession 0001062993-22-008091 · 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 | Sweet Thomas W | CFO | A - Grant | $0.00 | +165.9K | 174.9K | +1,850% | $0 |
| 2022-03-17 | 2022-03-15 | DELL | Sweet Thomas W | CFO | F - Tax | $50.74 | -25.6K | 149.3K | -15% | -$1.30M |
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 | 137,149 | $0.00 | 286,478 | D | — | — | (F4) Represents 221,323 shares certified as earned with respect to an award of performance-based RSUs granted on March 15, 2019, net of 84,174 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. |
| 2 | Common | Class C Common Stock | 2022-03-15 | F | D | 25,589 | $50.74 | 149,329 | 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 | 28,801 | $0.00 | 174,918 | D | — | — | (F1) Represents a grant of 28,801 restricted stock units ("RSUs"). The RSUs vest in full on the first anniversary of the grant date 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, the 63,165 RSUs previously reported as beneficially owned by the reporting person were adjusted and the reporting person now beneficially owns 153,115 RSUs following the grant referred to in footnote 1. |