4//SEC Filing
Brulard Jean Pierre 4
Accession 0000899243-23-020474
CIK 0001124610other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 2:28 PM ET
Size
6.5 KB
Accession
0000899243-23-020474
Insider Transaction Report
Form 4
VMWARE LLCVMW
Brulard Jean Pierre
EVP, Worldwide Sales
Transactions
- Disposition to Issuer
Class A Common Stock
2023-11-22−71,053→ 0 total
Footnotes (3)
- [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 ("Merger Sub 2"), 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 converted into a Parent restricted stock unit award based on an equity award exchange ratio calculated as the sum of (i) 50% of the Stock Consideration and (ii) 50% of the Cash Consideration divided by the volume weighted average sale price of Parent common stock over the ten consecutive trading days ending on the second to last trading day immediately preceding the effective time of the merger of Merger Sub 2 with and into Holdco.
Documents
Issuer
VMWARE LLC
CIK 0001124610
Entity typeother
Related Parties
1- filerCIK 0001801837
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 2:28 PM ET
- Size
- 6.5 KB