TapewireFind a company

person · Reporting owner

BROWN MICHAEL W

Disclosed activity across 3 companies

Tapewire entity
39483
SEC CIK
0001205542

Export transaction history ↓

Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
INSPERITY, INC.NSP · Entity 4513DirectorSeptember 08, 2016September 12, 2016
STIFEL FINANCIAL CORPSF · Entity 3461DirectorJune 09, 2026June 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 / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect9,541 Ending reported balance After 2016-09-08 transaction · row 4
4 source rows · reconciled sequence

Row 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 2018-05-06Direct0 Reported balance After 2016-09-08 transaction · row 5 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 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 2019-05-05Direct0 Reported balance After 2016-09-08 transaction · row 6 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 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 2021-05-17Direct0 Reported balance After 2016-09-08 transaction · row 7 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 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 / awardOwnership accountDisclosed shares / unitsDisclosure context
Phantom Stock UnitsSEC Table II · derivative / convertible security · Conversion / exercise price $0.00Direct2,450 Reported balance After 2026-06-09 transaction · row 2 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 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-derivativeDirect103,264 Reported balance Holding disclosure · report date 2026-06-09 · row 1 Holding and transaction disclosures are not merged.
1 source row

Row 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 / awardOwnership accountDisclosed shares / unitsDisclosure context
Class A Common StockSEC Table I · non-derivativeDirect0 Ending reported balance After 2023-11-22 transaction · row 2
2 source rows · reconciled sequence

Row 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 API
Reset

Purchases/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 dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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
Disclosure

SEC 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.