Dell Michael S's Form 4 filing
Dell Technologies Inc. (DELL) · filed Sep 18, 2024
- Accession no.
- 0001062993-24-016758
- Filed
- Sep 18, 2024
- Trade date
- Sep 16-17, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 10 non-derivative transactions and 2 derivative transactions. Open-market sales total $309.7M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Dell Michael SCIK 0000908724 | Director, Officer (Chief Executive Officer), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 16, 2024 | Class C Common Stock | MOption exerciseAcquired | +1,500,000 | $0.00 | $0 | 14,594,517 | Direct | |
| Sep 16, 2024 | Class C Common Stock | SSaleDisposed | −61,808 | $112.79F1 | −$6,971,324.32 | 14,532,709 | Direct | |
| Sep 16, 2024 | Class C Common Stock | SSaleDisposed | −264,753 | $113.33F2 | −$30,004,457.49 | 14,267,956 | Direct | |
| Sep 16, 2024 | Class C Common Stock | SSaleDisposed | −422,918 | $114.42F3 | −$48,390,277.56 | 13,845,038 | Direct | |
| Sep 16, 2024 | Class C Common Stock | SSaleDisposed | −386,247 | $115.19F4 | −$44,491,791.93 | 13,458,791 | Direct | |
| Sep 17, 2024 | Class C Common Stock | SSaleDisposed | −119,206 | $115.75F5 | −$13,798,094.5 | 13,339,585 | Direct | |
| Sep 17, 2024 | Class C Common Stock | SSaleDisposed | −1,407,646 | $116.33F6 | −$163,751,459.18 | 11,931,939 | Direct | |
| Sep 17, 2024 | Class C Common Stock | SSaleDisposed | −17,198 | $117.45F7 | −$2,019,905.1 | 11,914,741 | Direct | |
| Sep 17, 2024 | Class C Common Stock | SSaleDisposed | −2,500 | $118.08F8 | −$295,200 | 11,912,241 | Direct | |
| Sep 17, 2024 | Class C Common Stock | MOption exerciseAcquired | +25,000,000 | $0.00 | $0 | 36,912,241 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 represents a weighted average sales price of $112.7876. These shares were sold in multiple transactions at prices ranging from $112.23 to $112.9999 inclusive. The reporting person undertakes to provide to Dell Technologies Inc., any security holder of Dell Technologies Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in footnotes 1 through 8 of this Form 4.
Referenced by the price of 1 transaction in Table I.
- F2
The price reported in Column 4 represents a weighted average sales price of $113.3310. These shares were sold in multiple transactions at prices ranging from $113.00 to $113.9999 inclusive.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 represents a weighted average sales price of $114.4169. These shares were sold in multiple transactions at prices ranging from $114.00 to $114.9999 inclusive.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 represents a weighted average sales price of $115.1906. These shares were sold in multiple transactions at prices ranging from $115.00 to $115.80 inclusive.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 represents a weighted average sales price of $115.7501. These shares were sold in multiple transactions at prices ranging from $115.0518 to $115.9999 inclusive.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 represents a weighted average sales price of $116.3332. These shares were sold in multiple transactions at prices ranging from $116.00 to $116.9948 inclusive.
Referenced by the price of 1 transaction in Table I.
- F7
The price reported in Column 4 represents a weighted average sales price of $117.4549. These shares were sold in multiple transactions at prices ranging from $117.00 to $117.88 inclusive.
Referenced by the price of 1 transaction in Table I.
- F8
The price reported in Column 4 represents a weighted average sales price of $118.0778. These shares were sold in multiple transactions at prices ranging from $118.02 to $118.17 inclusive.
Referenced by the price of 1 transaction in Table I.
- F10
Each share of Class A common stock beneficially owned by the reporting person is convertible into one share of Class C common stock at any time at the holder's election.
Referenced by the price of 2 transactions in Table II.