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Home/Filings/4/0000790070-16-000307
4//SEC Filing

EMC CORP 4

Accession 0000790070-16-000307

CIK 0000790070operating
View on SEC.govCompany Profile

Filed

Sep 7, 8:00 PM ET

Accepted

Sep 8, 5:36 PM ET

Size

46.3 KB

Accession

0000790070-16-000307

Insider Transaction Report

Form 4
Period: 2016-09-06
EMC CORPEMC
You Harry L.
EVP, Office of the Chairman
Transactions
  • Exercise/Conversion

    Common Stock

    2016-09-06$20.47/sh+3,350$68,575→ 217,936 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$26.80/sh+11,171$299,383→ 228,559 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$26.80/sh+8,481$227,291→ 226,274 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$25.04/sh+19,684$492,887→ 235,721 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−6,435$185,135→ 218,315 total
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−3,350→ 0 total
    Exercise: $20.47From: 2011-08-03Exp: 2020-08-03→ Common Stock (3,350 underlying)
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−12,753$366,904→ 216,037 total
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−8,481→ 0 total
    Exercise: $26.80From: 2013-08-08Exp: 2022-08-08→ Common Stock (8,481 underlying)
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−2,839$81,678→ 215,097 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−18,333$527,440→ 217,388 total
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−8,174$235,166→ 218,100 total
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−5,049→ 0 total
    Exercise: $27.01From: 2013-08-09Exp: 2022-08-09→ Common Stock (5,049 underlying)
  • Exercise/Conversion

    Common Stock

    2016-09-06$25.04/sh+13,693$342,873→ 228,790 total
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−6,650→ 0 total
    Exercise: $27.01From: 2013-08-09Exp: 2022-08-09→ Common Stock (6,650 underlying)
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−10,766$309,738→ 217,793 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$27.01/sh+6,650$179,617→ 224,750 total
  • Exercise/Conversion

    Common Stock

    2016-09-06$27.01/sh+5,049$136,373→ 223,364 total
  • Disposition to Issuer

    Common Stock

    2016-09-07−159,638→ 0 total
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−13,693→ 0 total
    Exercise: $25.04From: 2012-08-03Exp: 2021-08-03→ Common Stock (13,693 underlying)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−19,684→ 0 total
    Exercise: $25.04From: 2012-08-03Exp: 2021-08-03→ Common Stock (19,684 underlying)
  • Tax Payment

    Common Stock

    2016-09-06$28.77/sh−4,886$140,570→ 218,478 total
  • Tax Payment

    Common Stock

    2016-09-06−58,840→ 159,638 total
  • Disposition to Issuer

    Common Stock

    2016-09-07−78,000→ 0 total(indirect: By Trust)
  • Exercise/Conversion

    Stock Option Right To Buy

    2016-09-06−11,171→ 0 total
    Exercise: $26.80From: 2013-08-08Exp: 2022-08-08→ Common Stock (11,171 underlying)
Footnotes (9)
  • [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, 2,792 of these stock options were accelerated and became fully vested and exercisable on August 17, 2016.
  • [F7]In connection with the Merger, 1,697 of these stock options were accelerated and became fully vested and exercisable on August 17, 2016.
  • [F8]In connection with the Merger, 1,662 of these stock options were accelerated and became fully vested and exercisable on August 17, 2016.
  • [F9]In connection with the Merger, 1,010 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, 5:36 PM ET
Size
46.3 KB
View on SEC.gov