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Technology Stocks : Dell Technologies Inc.
DELL 122.47+3.1%10:24 AM EST

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To: Frank Ellis Morris who wrote (69306)10/6/1998 9:40:00 AM
From: Fangorn  Read Replies (2) of 176387
 
Frank,

From page 20 of the "Notice of Annual Meeting of Stockholders and Proxy Statement...

"In fiscal 1998, Mr. Dell also recieved stock option grants of 3,200,000 shares, each with an exercise price set at the fair market value of the Common Stock on the date of grant. The awards were based on comparative long-term incentive awards made to other chief executive officers in the peer group of high-tech companies."

With the split that makes 6,400,000 options he recieved in the last fiscal year. I wouldn't be a bit worried about Michael selling some shares. He still has very, very many. This last sale was ~1% of his stake and was small in comparison to the options he recieved in the last year.
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