SEC Form 4 · accession 0001123292-17-001132
Dell Technologies Inc. · DELL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S Dell
Officer — Chief Executive Officer · Director
Period of report
Jun 9, 2017
Accepted (ET)
Jun 13, 2017 · 4:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001571996
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class C Common StockF1 | Jun 9, 2017 | P | 8,309 | $30.58 | A | 335,043 | D | |
| Class C Common StockF2 | Jun 9, 2017 | P | 36,363 | $24.46 | A | 371,406 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the exercise of the reporting person's repurchase right under the Dell Technologies Inc. Amended and Restated Management Stockholders Agreement, dated as of September 7, 2016 (the "Stockholders Agreement"), following the exercise by a former employee of Dell Technologies Inc. (the "Company") of a right to sell to the Company or certain affiliates (a "put right") 8,309 shares of Class C common stock at fair market value as of the date such put right was exercised, in accordance with the terms of the Stockholders Agreement.
- F2Reflects the exercise of the reporting person's repurchase right under the Stockholders Agreement following the exercise by a former employee of the Company of a put right with respect to 36,363 shares of Class C common stock at a contractually specified discount to fair market value as of the date such put right was exercised, in accordance with the terms of the Stockholders Agreement.