Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| INSPERITY, INC.NSP · Entity 4513 | Director | September 08, 2016 | September 12, 2016 |
| STIFEL FINANCIAL CORPSF · Entity 3461 | Director | June 09, 2026 | June 11, 2026 |
Disclosed balances
About these balances
Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.
INSPERITY, INC.
Report date September 08, 2016 · Filed September 12, 2016
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 9,541 |
Ending reported balance
After 2016-09-08 transaction · row 4
4 source rows · reconciled sequenceRow 1 · 2016-09-08 · Exercise / conversion · Acquired 6,517 · Balance 16,058 Row 2 · 2016-09-08 · Exercise / conversion · Acquired 6,183 · Balance 22,241 Row 3 · 2016-09-08 · Exercise / conversion · Acquired 7,813 · Balance 30,054 Row 4 · 2016-09-08 · Sale · Disposed 20,513 · Balance 9,541 F1: Weighted average price. Actual prices ranged from $67.00 to $67.45. F2: Full information regarding the number of shares sold at each separate price will be provided upon request to the SEC's staff, Insperity, Inc. or its stockholders. |
| Director Stock OptionSEC Table II · derivative / convertible security · Conversion / exercise price $28.69 · Expires 2018-05-06 | Direct | 0 |
Reported balance
After 2016-09-08 transaction · row 5
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 5 · 2016-09-08 · Exercise / conversion · Disposed 6,517 · Balance 0 |
| Director Stock OptionSEC Table II · derivative / convertible security · Conversion / exercise price $27.87 · Expires 2019-05-05 | Direct | 0 |
Reported balance
After 2016-09-08 transaction · row 6
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 6 · 2016-09-08 · Exercise / conversion · Disposed 6,183 · Balance 0 |
| Director Stock OptionSEC Table II · derivative / convertible security · Conversion / exercise price $30.59 · Expires 2021-05-17 | Direct | 0 |
Reported balance
After 2016-09-08 transaction · row 7
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 7 · 2016-09-08 · Exercise / conversion · Disposed 7,813 · Balance 0 |
Filing footnotes · ownership attribution and instrument terms
F1: Weighted average price. Actual prices ranged from $67.00 to $67.45.
F2: Full information regarding the number of shares sold at each separate price will be provided upon request to the SEC's staff, Insperity, Inc. or its stockholders.
STIFEL FINANCIAL CORP
Report date June 09, 2026 · Filed June 11, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Phantom Stock UnitsSEC Table II · derivative / convertible security · Conversion / exercise price $0.00 | Direct | 2,450 |
Reported balance
After 2026-06-09 transaction · row 2
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 2 · 2026-06-09 · Grant · Acquired 2,450 · Balance 2,450 F1: Units vest quarterly over a one year period. F2: No expiration date for these Units |
| Common StockSEC Table I · non-derivative | Direct | 103,264 |
Reported balance
Holding disclosure · report date 2026-06-09 · row 1
Holding and transaction disclosures are not merged.
1 source rowRow 1 · Balance 103,264 |
Filing footnotes · ownership attribution and instrument terms
F1: Units vest quarterly over a one year period.
F2: No expiration date for these Units
Past disclosures · reporting ended (1)
No longer tracked through insider filings. These historical balances do not imply present ownership or a zero position.
VMWARE LLC
Report date November 22, 2023 · Filed November 22, 2023
Section 16 reporting ended · disclosed 2023-11-22. Current position is not established by this disclosure.
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Class A Common StockSEC Table I · non-derivative | Direct | 0 |
Ending reported balance
After 2023-11-22 transaction · row 2
2 source rows · reconciled sequenceRow 1 · 2023-11-22 · Disposition to issuer · Disposed 25,038 · Balance 1,482 F1: Disposed of pursuant to the Agreement and Plan of Merger, dated as of May 26, 2022 (the "Merger Agreement"), by and among VMware, Inc. (the "Issuer"), Broadcom Inc. ("Parent"), Verona Holdco, Inc., a direct wholly owned subsidiary of the Issuer ("Holdco"), Verona Merger Sub, Inc., a direct wholly owned subsidiary of Holdco, Barcelona Merger Sub 2, Inc., a direct wholly owned subsidiary of Parent, and Barcelona Merger Sub 3, LLC, a direct wholly owned subsidiary of Parent. F2: (Continued from Footnote 1) Under the terms of the Merger Agreement, each share of the Issuer's Class A common stock, par value $0.01 per share (the "Common Stock"), issued and outstanding was indirectly converted into the right to receive, at the election of the holder of such share of Common Stock, and subject to proration in accordance with the Merger Agreement: (i) $142.50 per share in cash, without interest (the "Cash Consideration"), or (ii) 0.25200 shares of common stock, par value $0.001 per share of Parent (the "Stock Consideration"). Row 2 · 2023-11-22 · Disposition to issuer · Disposed 1,482 · Balance 0 F3: Represents shares underlying restricted stock units of the Issuer, which were vested and cancelled in exchange for the right to receive a payment equal to 50% of the Cash Consideration and 50% of the Stock Consideration. |
Filing footnotes · ownership attribution and instrument terms
F1: Disposed of pursuant to the Agreement and Plan of Merger, dated as of May 26, 2022 (the "Merger Agreement"), by and among VMware, Inc. (the "Issuer"), Broadcom Inc. ("Parent"), Verona Holdco, Inc., a direct wholly owned subsidiary of the Issuer ("Holdco"), Verona Merger Sub, Inc., a direct wholly owned subsidiary of Holdco, Barcelona Merger Sub 2, Inc., a direct wholly owned subsidiary of Parent, and Barcelona Merger Sub 3, LLC, a direct wholly owned subsidiary of Parent.
F2: (Continued from Footnote 1) Under the terms of the Merger Agreement, each share of the Issuer's Class A common stock, par value $0.01 per share (the "Common Stock"), issued and outstanding was indirectly converted into the right to receive, at the election of the holder of such share of Common Stock, and subject to proration in accordance with the Merger Agreement: (i) $142.50 per share in cash, without interest (the "Cash Consideration"), or (ii) 0.25200 shares of common stock, par value $0.001 per share of Parent (the "Stock Consideration").
F3: Represents shares underlying restricted stock units of the Issuer, which were vested and cancelled in exchange for the right to receive a payment equal to 50% of the Cash Consideration and 50% of the Stock Consideration.
Transaction history
JSON APIPurchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Company | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| February 14, 2018 Filed Feb 15, 2018 21:17 UTC | STIFEL FINANCIAL CORP SF · Entity 3461 | Tax withholdingCommon Stock | 2,451 | $61.33 | $150,319.83 |
DisclosureSEC source: 0000720672-18-000035 · edgardoc.xml · nonDerivative · entry 2 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 16,234 Read SEC document |
| February 14, 2018 Filed Feb 15, 2018 21:17 UTC | STIFEL FINANCIAL CORP SF · Entity 3461 | Exercise / conversionCommon Stock | 5,115 | $29.33 | $150,022.95 |
DisclosureSEC source: 0000720672-18-000035 · edgardoc.xml · nonDerivative · entry 1 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 18,685 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| December 29, 2017 Filed Jan 3, 2018 22:15 UTC | STIFEL FINANCIAL CORP SF · Entity 3461 | Exercise / conversionPhantom Stock Units · Derivative | 3,750 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0000720672-18-000016 · edgardoc.xml · derivative · entry 2 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 16,901 Underlying: Common Stock · 3,750 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_date: Currently convertible. F2 · derivative.expiration_date: No expiration date for these Units. Read SEC document |
| December 29, 2017 Filed Jan 3, 2018 22:15 UTC | STIFEL FINANCIAL CORP SF · Entity 3461 | Exercise / conversionCommon Stock | 3,750 | $0.00 | $0.00 |
DisclosureSEC source: 0000720672-18-000016 · edgardoc.xml · nonDerivative · entry 1 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 13,570 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| June 08, 2017 Filed Jun 12, 2017 18:56 UTC | VMWARE LLC VMW · Entity 11690 | GrantClass A Common Stock | 2,788 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-17-039281 · doc4.xml · nonDerivative · entry 1 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 50,099 Read SEC document |
| June 07, 2017 Filed Jun 9, 2017 19:40 UTC | STIFEL FINANCIAL CORP SF · Entity 3461 | GrantPhantom Stock Units · Derivative | 1,900 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0000720672-17-000069 · edgardoc.xml · derivative · entry 2 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 20,651 Underlying: Common Stock · 1,900 shares Expires not disclosed F1 · derivative.exercise_date: Units vest quarterly over a one year period. F2 · derivative.expiration_date: No expiration date for these Units. Read SEC document |
| May 19, 2017 Filed May 23, 2017 19:28 UTC | VMWARE LLC VMW · Entity 11690 | Exercise / conversionStock Option (right-to-buy) · Derivative | 6,000 | $0.00 Strike: $60.34 | $0.00 |
DisclosureSEC source: 0001209191-17-034756 · doc4.xml · derivative · entry 3 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Class A Common Stock · 6,000 shares Expires 2017-05-21 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F2 · derivative.exercise_date: 1,500 shares vested on each of August 21, 2010, November 21, 2010, February 21, 2011 and May 21, 2011. Read SEC document |
| May 19, 2017 Filed May 23, 2017 19:28 UTC | VMWARE LLC VMW · Entity 11690 | Tax withholdingClass A Common Stock | 3,913 | $92.52 | $362,030.76 |
DisclosureSEC source: 0001209191-17-034756 · doc4.xml · nonDerivative · entry 2 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 47,311 F1 · shares: Shares withheld by VMware, Inc. to satisfy exercise price in connection with Mr. Brown's stock option exercise. Read SEC document |
| May 19, 2017 Filed May 23, 2017 19:28 UTC | VMWARE LLC VMW · Entity 11690 | Exercise / conversionClass A Common Stock | 6,000 | $60.34 | $362,040.00 |
DisclosureSEC source: 0001209191-17-034756 · doc4.xml · nonDerivative · entry 1 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| December 30, 2016 Filed Jan 4, 2017 22:19 UTC | STIFEL FINANCIAL CORP SF · Entity 3461 | Exercise / conversionPhantom Stock Units · Derivative | 3,375 | $0.00 Strike: $0.00 | $0.00 |
DisclosureSEC source: 0000720672-17-000014 · edgardoc.xml · derivative · entry 2 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 18,751 Underlying: Common Stock · 3,375 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.expiration_date: No expiration date for these Units. Read SEC document |
| December 30, 2016 Filed Jan 4, 2017 22:19 UTC | STIFEL FINANCIAL CORP SF · Entity 3461 | Exercise / conversionCommon Stock | 3,375 | $0.00 | $0.00 |
DisclosureSEC source: 0000720672-17-000014 · edgardoc.xml · nonDerivative · entry 1 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 9,820 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| September 08, 2016 Filed Sep 12, 2016 20:35 UTC | INSPERITY, INC. NSP · Entity 4513 | Exercise / conversionDirector Stock Option · Derivative | 7,813 | $0.00 Strike: $30.59 | $0.00 |
DisclosureSEC source: 0001127602-16-062403 · form4.xml · derivative · entry 7 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 7,813 shares Expires 2021-05-17 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| September 08, 2016 Filed Sep 12, 2016 20:35 UTC | INSPERITY, INC. NSP · Entity 4513 | Exercise / conversionDirector Stock Option · Derivative | 6,183 | $0.00 Strike: $27.87 | $0.00 |
DisclosureSEC source: 0001127602-16-062403 · form4.xml · derivative · entry 6 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 6,183 shares Expires 2019-05-05 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| September 08, 2016 Filed Sep 12, 2016 20:35 UTC | INSPERITY, INC. NSP · Entity 4513 | Exercise / conversionDirector Stock Option · Derivative | 6,517 | $0.00 Strike: $28.69 | $0.00 |
DisclosureSEC source: 0001127602-16-062403 · form4.xml · derivative · entry 5 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 6,517 shares Expires 2018-05-06 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| September 08, 2016 Filed Sep 12, 2016 20:35 UTC | INSPERITY, INC. NSP · Entity 4513 | SaleCommon Stock | 20,513 | $67.02 | $1,374,781.26 |
DisclosureSEC source: 0001127602-16-062403 · form4.xml · nonDerivative · entry 4 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 9,541 F1 · price: Weighted average price. Actual prices ranged from $67.00 to $67.45. F2 · price: Full information regarding the number of shares sold at each separate price will be provided upon request to the SEC's staff, Insperity, Inc. or its stockholders. Read SEC document |
| September 08, 2016 Filed Sep 12, 2016 20:35 UTC | INSPERITY, INC. NSP · Entity 4513 | Exercise / conversionCommon Stock | 7,813 | $30.59 | $238,999.67 |
DisclosureSEC source: 0001127602-16-062403 · form4.xml · nonDerivative · entry 3 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 30,054 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| September 08, 2016 Filed Sep 12, 2016 20:35 UTC | INSPERITY, INC. NSP · Entity 4513 | Exercise / conversionCommon Stock | 6,183 | $27.87 | $172,320.21 |
DisclosureSEC source: 0001127602-16-062403 · form4.xml · nonDerivative · entry 2 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 22,241 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| September 08, 2016 Filed Sep 12, 2016 20:35 UTC | INSPERITY, INC. NSP · Entity 4513 | Exercise / conversionCommon Stock | 6,517 | $28.69 | $186,972.73 |
DisclosureSEC source: 0001127602-16-062403 · form4.xml · nonDerivative · entry 1 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 16,058 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| September 07, 2016 Filed Sep 9, 2016 18:58 UTC | VMWARE LLC VMW · Entity 11690 | OtherDell Technologies Class V common stock · Derivative | 13,308 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001209191-16-140836 · doc4.xml · derivative · entry 1 BROWN MICHAEL W · CIK 0001205542 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 13,308 Underlying: see footnote 2 · Not disclosed shares Expires not disclosed F1 · derivative.exercise_price: Received in connection with the acquisition by Dell Technologies Inc. ("DT") of EMC Corporation ("EMC") by merger (the "Merger"), in exchange for 119,402 shares of EMC common stock. The reporting person acquired the right to receive $24.05 in cash and 0.11146 shares of DT Class V common stock (the "Class V stock") per share of EMC common stock at the effective time of the Merger. On the effective date of the Merger, the closing price of the Class V stock was $48.00 per share. The Class V stock has no exercise date or expiration date. F2 · derivative.exercise_price: As of June 30, 2016, EMC held 80.6% of the outstanding common stock of VMware, Inc. ("VMW") and 97.4% of the combined voting power of VMW's outstanding common stock. Effective at the effective time of the Merger, DT became the indirect owner of all of such shares, and VMW became an indirectly-held, majority-owned subsidiary of DT. The Class V stock is intended to track and reflect the economic performance of the Class V Group of DT, which will initially have attributed to it approximately 65% of the economic value of EMC's economic interest in VMware, which was acquired by DT in the Merger. Accordingly, the Class V stock may be considered a derivative security relating to VMW Class A common stock or an equity security relating to VMW. The filing of this Form 4 shall not be deemed an admission that the Class V stock is a derivative security relating to VMW Class A common stock or an equity security relating to VMW for purposes of Section 16 of the Securities Exchange Act of 1934. F1 · price: Received in connection with the acquisition by Dell Technologies Inc. ("DT") of EMC Corporation ("EMC") by merger (the "Merger"), in exchange for 119,402 shares of EMC common stock. The reporting person acquired the right to receive $24.05 in cash and 0.11146 shares of DT Class V common stock (the "Class V stock") per share of EMC common stock at the effective time of the Merger. On the effective date of the Merger, the closing price of the Class V stock was $48.00 per share. The Class V stock has no exercise date or expiration date. F2 · price: As of June 30, 2016, EMC held 80.6% of the outstanding common stock of VMware, Inc. ("VMW") and 97.4% of the combined voting power of VMW's outstanding common stock. Effective at the effective time of the Merger, DT became the indirect owner of all of such shares, and VMW became an indirectly-held, majority-owned subsidiary of DT. The Class V stock is intended to track and reflect the economic performance of the Class V Group of DT, which will initially have attributed to it approximately 65% of the economic value of EMC's economic interest in VMware, which was acquired by DT in the Merger. Accordingly, the Class V stock may be considered a derivative security relating to VMW Class A common stock or an equity security relating to VMW. The filing of this Form 4 shall not be deemed an admission that the Class V stock is a derivative security relating to VMW Class A common stock or an equity security relating to VMW for purposes of Section 16 of the Securities Exchange Act of 1934. F1 · derivative.exercise_date: Received in connection with the acquisition by Dell Technologies Inc. ("DT") of EMC Corporation ("EMC") by merger (the "Merger"), in exchange for 119,402 shares of EMC common stock. The reporting person acquired the right to receive $24.05 in cash and 0.11146 shares of DT Class V common stock (the "Class V stock") per share of EMC common stock at the effective time of the Merger. On the effective date of the Merger, the closing price of the Class V stock was $48.00 per share. The Class V stock has no exercise date or expiration date. F2 · derivative.exercise_date: As of June 30, 2016, EMC held 80.6% of the outstanding common stock of VMware, Inc. ("VMW") and 97.4% of the combined voting power of VMW's outstanding common stock. Effective at the effective time of the Merger, DT became the indirect owner of all of such shares, and VMW became an indirectly-held, majority-owned subsidiary of DT. The Class V stock is intended to track and reflect the economic performance of the Class V Group of DT, which will initially have attributed to it approximately 65% of the economic value of EMC's economic interest in VMware, which was acquired by DT in the Merger. Accordingly, the Class V stock may be considered a derivative security relating to VMW Class A common stock or an equity security relating to VMW. The filing of this Form 4 shall not be deemed an admission that the Class V stock is a derivative security relating to VMW Class A common stock or an equity security relating to VMW for purposes of Section 16 of the Securities Exchange Act of 1934. F1 · derivative.expiration_date: Received in connection with the acquisition by Dell Technologies Inc. ("DT") of EMC Corporation ("EMC") by merger (the "Merger"), in exchange for 119,402 shares of EMC common stock. The reporting person acquired the right to receive $24.05 in cash and 0.11146 shares of DT Class V common stock (the "Class V stock") per share of EMC common stock at the effective time of the Merger. On the effective date of the Merger, the closing price of the Class V stock was $48.00 per share. The Class V stock has no exercise date or expiration date. F2 · derivative.expiration_date: As of June 30, 2016, EMC held 80.6% of the outstanding common stock of VMware, Inc. ("VMW") and 97.4% of the combined voting power of VMW's outstanding common stock. Effective at the effective time of the Merger, DT became the indirect owner of all of such shares, and VMW became an indirectly-held, majority-owned subsidiary of DT. The Class V stock is intended to track and reflect the economic performance of the Class V Group of DT, which will initially have attributed to it approximately 65% of the economic value of EMC's economic interest in VMware, which was acquired by DT in the Merger. Accordingly, the Class V stock may be considered a derivative security relating to VMW Class A common stock or an equity security relating to VMW. The filing of this Form 4 shall not be deemed an admission that the Class V stock is a derivative security relating to VMW Class A common stock or an equity security relating to VMW for purposes of Section 16 of the Securities Exchange Act of 1934. F1 · derivative.underlying_shares: Received in connection with the acquisition by Dell Technologies Inc. ("DT") of EMC Corporation ("EMC") by merger (the "Merger"), in exchange for 119,402 shares of EMC common stock. The reporting person acquired the right to receive $24.05 in cash and 0.11146 shares of DT Class V common stock (the "Class V stock") per share of EMC common stock at the effective time of the Merger. On the effective date of the Merger, the closing price of the Class V stock was $48.00 per share. The Class V stock has no exercise date or expiration date. F2 · derivative.underlying_shares: As of June 30, 2016, EMC held 80.6% of the outstanding common stock of VMware, Inc. ("VMW") and 97.4% of the combined voting power of VMW's outstanding common stock. Effective at the effective time of the Merger, DT became the indirect owner of all of such shares, and VMW became an indirectly-held, majority-owned subsidiary of DT. The Class V stock is intended to track and reflect the economic performance of the Class V Group of DT, which will initially have attributed to it approximately 65% of the economic value of EMC's economic interest in VMware, which was acquired by DT in the Merger. Accordingly, the Class V stock may be considered a derivative security relating to VMW Class A common stock or an equity security relating to VMW. The filing of this Form 4 shall not be deemed an admission that the Class V stock is a derivative security relating to VMW Class A common stock or an equity security relating to VMW for purposes of Section 16 of the Securities Exchange Act of 1934. Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.