EMC CORP 4

Accession 0000790070-16-000305

CIK 0000790070operating

View on SEC.gov Company Profile

Filed

Sep 7, 8:00 PM ET

Accepted

Sep 8, 5:33 PM ET

Size

60.0 KB

Accession

0000790070-16-000305

Insider Transaction Report

Form 4

Period: 2016-09-06

EMC CORPEMC

TUCCI JOSEPH M

DirectorChairman, President and CEO

Transactions

Tax Payment
Common Stock
2016-09-06$28.77/sh−89,986$2,588,897→ 2,036,094 total
Tax Payment
Common Stock
2016-09-06$28.77/sh−119,821$3,447,250→ 2,076,059 total
Exercise/Conversion
Common Stock
2016-09-06$20.47/sh+105,000$2,149,350→ 2,253,682 total
Disposition to Issuer
Common Stock
2016-09-07−1,944,725→ 0 total
Exercise/Conversion
Stock Option Right To Buy
2016-09-06−60,034→ 0 total
Exercise: $26.80From: 2013-08-08Exp: 2022-08-08→ Common Stock (60,034 underlying)
Exercise/Conversion
Common Stock
2016-09-06$15.18/sh+159,786$2,425,551→ 2,195,880 total
Exercise/Conversion
Common Stock
2016-09-06$15.31/sh+150,000$2,296,500→ 2,250,831 total
Tax Payment
Common Stock
2016-09-06$28.77/sh−59,307$1,706,262→ 2,148,682 total
Exercise/Conversion
Stock Option Right To Buy
2016-09-06−70,000→ 0 total
Exercise: $20.47From: 2011-08-03Exp: 2020-08-03→ Common Stock (70,000 underlying)
Exercise/Conversion
Stock Option Right To Buy
2016-09-06−88,577→ 0 total
Exercise: $25.04From: 2012-08-03Exp: 2021-08-03→ Common Stock (88,577 underlying)
Exercise/Conversion
Stock Option Right To Buy
2016-09-06−61,616→ 0 total
Exercise: $25.04From: 2012-08-03Exp: 2021-08-03→ Common Stock (61,616 underlying)
Exercise/Conversion
Stock Option Right To Buy
2016-09-06−79,082→ 0 total
Exercise: $26.80From: 2013-08-08Exp: 2022-08-08→ Common Stock (79,082 underlying)
Exercise/Conversion
Common Stock
2016-09-06$15.18/sh+120,000$1,821,600→ 2,126,080 total
Exercise/Conversion
Common Stock
2016-09-06$25.04/sh+61,616$1,542,865→ 2,226,337 total
Exercise/Conversion
Common Stock
2016-09-06$15.31/sh+100,000$1,531,000→ 2,176,059 total
Tax Payment
Common Stock
2016-09-06$28.77/sh−75,228$2,164,310→ 2,100,831 total
Tax Payment
Common Stock
2016-09-06$28.77/sh−112,842$3,246,464→ 2,137,989 total
Exercise/Conversion
Common Stock
2016-09-06$20.47/sh+70,000$1,432,900→ 2,207,989 total
Tax Payment
Common Stock
2016-09-06$28.77/sh−88,961$2,559,408→ 2,164,721 total
Tax Payment
Common Stock
2016-09-06−235,348→ 1,944,725 total
Exercise/Conversion
Stock Option Right To Buy
2016-09-06−120,000→ 0 total
Exercise: $15.18From: 2009-08-20Exp: 2018-08-20→ Common Stock (120,000 underlying)
Exercise/Conversion
Stock Option Right To Buy
2016-09-06−150,000→ 0 total
Exercise: $15.31From: 2010-08-04Exp: 2019-08-04→ Common Stock (150,000 underlying)
Tax Payment
Common Stock
2016-09-06$28.77/sh−57,387$1,651,024→ 2,168,950 total
Exercise/Conversion
Common Stock
2016-09-06$25.04/sh+88,577$2,217,968→ 2,257,527 total
Tax Payment
Common Stock
2016-09-06$28.77/sh−82,497$2,373,439→ 2,175,030 total
Exercise/Conversion
Common Stock
2016-09-06$26.80/sh+79,082$2,119,398→ 2,254,112 total
Tax Payment
Common Stock
2016-09-06$28.77/sh−76,215$2,192,706→ 2,177,897 total
Exercise/Conversion
Common Stock
2016-09-06$26.80/sh+60,034$1,608,911→ 2,237,931 total
Tax Payment
Common Stock
2016-09-06$28.77/sh−57,858$1,664,575→ 2,180,073 total
Exercise/Conversion
Stock Option Right To Buy
2016-09-06−159,786→ 0 total
Exercise: $15.18From: 2009-08-20Exp: 2018-08-20→ Common Stock (159,786 underlying)
Exercise/Conversion
Stock Option Right To Buy
2016-09-06−100,000→ 0 total
Exercise: $15.31From: 2010-08-04Exp: 2019-08-04→ Common Stock (100,000 underlying)
Exercise/Conversion
Stock Option Right To Buy
2016-09-06−105,000→ 0 total
Exercise: $20.47From: 2011-08-03Exp: 2020-08-03→ Common Stock (105,000 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, 19,770 of these stock options were accelerated and became fully vested and exercisable on August 17, 2016.
[F7]In connection with the Merger, 12,007 of these stock options were accelerated and became fully vested and exercisable on August 17, 2016.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

EMC CORP

CIK 0000790070

→

Entity typeoperating

IncorporatedMA

Related Parties

filerCIK 0000790070

Filing Metadata

Form type: 4
Filed: Sep 7, 8:00 PM ET
Accepted: Sep 8, 5:33 PM ET
Size: 60.0 KB

View on SEC.gov