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4//SEC Filing

EMC CORP 4

Accession 0000790070-16-000304

CIK 0000790070operating
View on SEC.govCompany Profile

Filed

Sep 7, 8:00 PM ET

Accepted

Sep 8, 5:31 PM ET

Size

73.3 KB

Accession

0000790070-16-000304

Insider Transaction Report

Form 4
Period: 2016-09-06
EMC CORPEMC
TEUBER WILLIAM J JR
Vice Chairman
Transactions
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−21,064$606,011→ 689,262 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−31,596$909,017→ 699,666 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−25,506$733,808→ 710,710 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−36,666$1,054,881→ 713,412 total
  • Disposition to Issuer

    Common Stock

    2016-09-07−625,888→ 0 total
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−28,000→ 0 total
    Exercise: $15.31From: 2010-08-04Exp: 2019-08-04→ Common Stock (28,000 underlying)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−36,000→ 0 total
    Exercise: $20.47From: 2011-08-03Exp: 2020-08-03→ Common Stock (36,000 underlying)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−31,279→ 0 total
    Exercise: $26.80From: 2013-08-08Exp: 2022-08-08→ Common Stock (31,279 underlying)
  • Exercise/Conversion

    Common Stock

    2016-09-06$15.31/sh+28,000$428,680→ 710,326 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−20,334$585,009→ 703,332 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$19.11/sh+61,658$1,178,284→ 708,531 total
  • Gift

    Common Stock

    2016-08-31−57,200→ 656,706 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$15.18/sh+42,000$637,560→ 699,835 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−34,533$993,514→ 646,873 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$15.18/sh+55,925$848,942→ 724,264 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$15.31/sh+42,000$643,020→ 731,262 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$20.47/sh+24,000$491,280→ 723,666 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$20.47/sh+36,000$736,920→ 739,332 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$25.04/sh+39,368$985,775→ 750,078 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$26.80/sh+31,279$838,277→ 744,691 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−30,145$867,272→ 714,546 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$26.80/sh+23,745$636,366→ 738,291 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−22,885$658,401→ 715,406 total
  • Tax Payment

    Common Stock

    2016-09-06−89,518→ 625,888 total
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−42,000→ 0 total
    Exercise: $19.11From: 2008-11-28Exp: 2017-11-28→ Common Stock (42,000 underlying)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−61,658→ 0 total
    Exercise: $19.11From: 2008-11-28Exp: 2017-11-28→ Common Stock (61,658 underlying)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−42,000→ 0 total
    Exercise: $15.18From: 2009-08-20Exp: 2018-08-20→ Common Stock (42,000 underlying)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−55,925→ 0 total
    Exercise: $15.18From: 2009-08-20Exp: 2018-08-20→ Common Stock (55,925 underlying)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−24,000→ 0 total
    Exercise: $20.47From: 2011-08-03Exp: 2020-08-03→ Common Stock (24,000 underlying)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−39,368→ 0 total
    Exercise: $25.04From: 2012-08-03Exp: 2021-08-03→ Common Stock (39,368 underlying)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−23,745→ 0 total
    Exercise: $26.80From: 2013-08-08Exp: 2022-08-08→ Common Stock (23,745 underlying)
  • Gift

    Common Stock

    2016-09-01−17,300→ 639,406 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$19.11/sh+42,000$802,620→ 681,406 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−50,696$1,458,524→ 657,835 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−31,496$906,140→ 668,339 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−41,938$1,206,556→ 682,326 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−30,501$877,514→ 708,831 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$25.04/sh+27,385$685,720→ 736,216 total
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−42,000→ 0 total
    Exercise: $15.31From: 2010-08-04Exp: 2019-08-04→ Common Stock (42,000 underlying)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−27,385→ 0 total
    Exercise: $25.04From: 2012-08-03Exp: 2021-08-03→ Common Stock (27,385 underlying)
Footnotes (7)
  • [F1]In connection with the merger (the "Merger") of Universal Acquisition Co. with and into EMC Corporation on September 7, 2016, these shares were acquired pursuant to the automatic net exercise of stock options occurring immediately prior to 11:59 p.m., New York City time on September 6, 2016 (the "Vesting Effective Time").
  • [F2]Consists of shares withheld by EMC to satisfy the applicable exercise price upon exercise of options and associated tax withholding obligations related to the automatic net exercise of options immediately prior to the Vesting Effective Time described in footnote 1 above.
  • [F3]Shares withheld by EMC to satisfy certain taxes payable in connection with the vesting of previously awarded restricted stock units.
  • [F4]In connection with the Merger, 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.).
  • [F5]In connection with the merger (the "Merger") of Universal Acquisition Co. with and into EMC Corporation on September 7, 2016, these stock options were automatically net exercised immediately prior to 11:59 p.m., New York City time on September 6, 2016 (the "Vesting Effective Time").
  • [F6]In connection with the Merger, 7,819 of these stock options were accelerated and became fully vested and exercisable on August 17, 2016.
  • [F7]In connection with the Merger, 4,749 of these stock options were accelerated and became fully vested and exercisable on August 17, 2016.

Documents

1 file

Issuer

EMC CORP

CIK 0000790070

→
Entity typeoperating
IncorporatedMA

Related Parties

1
  • filerCIK 0000790070

Filing Metadata

Form type
4
Filed
Sep 7, 8:00 PM ET
Accepted
Sep 8, 5:31 PM ET
Size
73.3 KB
View on SEC.gov