SEC Form 4 · accession 0000790070-16-000299
EMC CORP · EMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erin McSweeney
Officer — EVP, Human Resources
Period of report
Sep 6, 2016
Accepted (ET)
Sep 8, 2016 · 5:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000790070
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 6, 2016 | F | 59,716 | $0.00 | D | 92,830 | D | |
| Common StockF2 | Sep 7, 2016 | D | 92,830 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares withheld by EMC to satisfy certain taxes payable in connection with the vesting of previously awarded restricted stock units.
- F2In connection with the merger (the "Merger") of Universal Acquisition Co. with and into EMC Corporation on September 7, 2016, at the effective time of the Merger, each outstanding share of EMC Corporation common stock beneficially owned by the reporting person was automatically canceled and converted into the right to receive (i) $24.05 in cash and (ii) 0.11146 of a share of Class V Common Stock of Dell Technologies Inc. (f/k/a Denali Holding Inc.).