Dell (DELL) Form 4 Change in insider ownership

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Susan Lieberman Dell Separate Property Trust

(Last) (First) (Middle)

645 FIFTH AVENUE, 21ST FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Dell Technologies Inc. [ DELL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class C Common Stock	06/24/2021		M		7,090	A	$0	7,090	D
Class C Common Stock	06/24/2021		S		7,090	D	$99.54(1)	0	D
Class C Common Stock	06/25/2021		M		131,616	A	$0	131,616	D
Class C Common Stock	06/25/2021		S		131,616	D	$99.56(2)	0	D
Class C Common Stock	06/28/2021		M		96,679	A	$0	96,679	D
Class C Common Stock	06/28/2021		S		96,679	D	$99.81(3)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Common Stock	$0(4)	06/24/2021		M			7,090	(4)	(4)	Class C Common Stock	7,090	$0(4)	32,820,123	D
Class A Common Stock	$0(4)	06/25/2021		M			131,616	(4)	(4)	Class C Common Stock	131,616	$0(4)	32,688,507	D
Class A Common Stock	$0(4)	06/28/2021		M			96,679	(4)	(4)	Class C Common Stock	96,679	$0(4)	32,591,828	D

Explanation of Responses:

1. The price reported in Column 4 represents a weighted average sales price of $99.542. These shares were sold in multiple transactions at prices ranging from $99.50 to $100.00, 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 ranges set forth in footnotes 1, 2 and 3.

2. The price reported in Column 4 represents a weighted average sales price of $99.559. These shares were sold in multiple transactions at prices ranging from $99.50 to $99.80, inclusive.

3. The price reported in Column 4 represents a weighted average sales price of $99.809. These shares were sold in multiple transactions at prices ranging from $99.50 to $100.20, inclusive.

4. 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.

Remarks:

	Susan Lieberman Dell Separate Property Trust By: Hexagon Trust Company, as Trustee By: /s/ Marc R. Lisker, President	06/28/2021
	Susan Lieberman Dell By: /s/ Marc R. Lisker, Attorney-in-Fact	06/28/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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