UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 27, 2023
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) and (e) On July 27, 2023, Dell Technologies Inc. (the “Company”) and Anthony Charles Whitten, the Company’s Co-Chief Operating Officer, agreed that Mr. Whitten will resign from his position as Co-Chief Operating Officer effective as of August 18, 2023 (the “Separation Date”).
The Company has entered into a separation agreement with Mr. Whitten that provides for a general release and waiver of claims against the Company (the “Separation Agreement”). In addition, subject to specified conditions, the Separation Agreement provides for continued vesting of (1) 177,747 time-based restricted stock units that settle in shares of the Company’s Class C common stock (“RSUs”) which will vest on August 16, 2024 and (2) 177,747 RSUs which will vest on August 16, 2025. All other unvested equity awards that are outstanding on the Separation Date will be forfeited.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: July 28, 2023 | Dell Technologies Inc. | ||||||||||||||||
| By: | /s/ Christopher A. Garcia | ||||||||||||||||
| Christopher A. Garcia Senior Vice President and Assistant Secretary | |||||||||||||||||
| (Duly Authorized Officer) | |||||||||||||||||
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