4//SEC Filing
Raghuram Rangarajan (Raghu) 4
Accession 0001209191-21-038080
CIK 0001124610other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 9:16 PM ET
Size
6.2 KB
Accession
0001209191-21-038080
Insider Transaction Report
Form 4
VMWARE, INC.VMW
Raghuram Rangarajan (Raghu)
EVP, Cloud Infrastructure
Transactions
- Award
Performance-Based Stock Units (PSUs)
2021-06-01+235,386→ 235,386 total→ Common Stock (235,386 underlying)
Footnotes (2)
- [F1]Each PSU represents the contingent right to receive, subject to vesting, one share of VMware Class A common stock
- [F2]The number of shares of VMware Class A common stock ("VMW") acquired upon vesting of the PSUs is contingent upon increases to VMware total stockholder return (TSR) as compared to the VMW 15-day trailing average stock price as of June 1, 2021 and to the TSR of the S&P 500 IT Index. As further described in the Letter Agreement between VMware and the reporting person dated May 11, 2021, Exhibit 10.1 to the VMware Current Report on Form 8-K filed with the Securities and Exchange Commission on May 12, 2021, vesting will occur with respect to up to 50% of the PSUs on June 1, 2024, up to 75% on June 1, 2025 and the balance of unvested PSUs on June 1, 2026. Performance will be measured as of each vesting date to determine the number of PSUs vesting on each such date. PSUs that are unvested as of June 1, 2026 will be forfeited.
Documents
Issuer
VMWARE, INC.
CIK 0001124610
Entity typeother
Related Parties
1- filerCIK 0001567874
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 9:16 PM ET
- Size
- 6.2 KB