SEC Form 4 · accession 0001209191-19-019240
VMWARE, INC. · VMW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rangarajan (Raghu) Raghuram
Officer — COO, Products & Cloud Services
Period of report
Mar 11, 2019
Accepted (ET)
Mar 13, 2019 · 7:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001124610
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Mar 11, 2019 | M | 27,754 | $69.81 | A | 304,104 | D | |
| Class A Common Stock | Mar 11, 2019 | M | 7,028 | $80.25 | A | 311,132 | D | |
| Class A Common StockF2,F3 | Mar 11, 2019 | S | 14,412 | $169.77 | D | 296,720 | D | |
| Class A Common StockF2,F4 | Mar 11, 2019 | S | 21,899 | $170.55 | D | 274,821 | D | |
| Class A Common StockF5 | Mar 12, 2019 | A | 84,234 | $0.00 | A | 359,055 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right-to-buy)F7,F6,F8 | $69.81 | Mar 11, 2019 | M | 27,754 | D | — | Jul 25, 2020 | Class A Common Stock | 27,754 | 5,657 | D |
| Stock Option (right-to-buy)F7,F6,F8 | $80.25 | Mar 11, 2019 | M | 7,028 | D | — | Jul 24, 2021 | Class A Common Stock | 7,028 | 26,817 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The reporting person will provide upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Price represents weighted average for sales reported. The range of prices for the sales reported is $169.27 through $170.26.
- F4Price represents weighted average for sales reported. The range of prices for the sales reported is $170.27 through $170.63.
- F5Amount determined upon satisfaction of performance criteria of a previously awarded performance stock unit award.
- F6Reflects equitable adjustment to the option exercise price as of December 28, 2018 in connection with VMware's special cash dividend. Pursuant to the adjustment, the exercise price was multiplied by a conversion factor of 0.8307.
- F7Reflects equitable adjustment to the number of outstanding options as of December 28, 2018 in connection with VMware's special cash dividend. Pursuant to the adjustment, the number of outstanding option shares was multiplied by a conversion factor of 1.2038.
- F8The option is fully vested.