Filing Details

Accession Number:
0000790070-12-000110
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-08-10 16:04:44
Reporting Period:
2012-08-08
Filing Date:
2012-08-10
Accepted Time:
2012-08-10 16:04:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
790070 Emc Corp EMC Computer Storage Devices (3572) 042680009
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1206587 Jr W Arthur Coviello Emc Corporation
176 South Street
Hopkinton MA 01748
Executive Chairman, Rsa No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-08-08 17,952 $26.87 305,834 No 4 S Direct
Common Stock Acquisiton 2012-08-08 43,769 $0.00 349,603 No 4 A Direct
Common Stock Acquisiton 2012-08-08 29,180 $0.00 378,783 No 4 A Direct
Common Stock Acquisiton 2012-08-08 74,627 $0.00 453,410 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 A Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option Right To Buy Acquisiton 2012-08-08 23,406 $0.00 23,406 $26.80
Common Stock Stock Option Right To Buy Acquisiton 2012-08-08 15,604 $0.00 15,604 $26.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
23,406 2022-08-08 No 4 A Direct
15,604 2022-08-08 No 4 A Direct
Footnotes
  1. Restricted stock units granted under the Amended and Restated EMC Corporation 2003 Stock Plan, which are subject to forfeiture upon certain events. The restricted stock units will vest only in the event that 2013 performance targets approved by the Board of Directors are met. If such targets are met, one-third of the restricted stock units will vest in 2014, one-third will vest on February 1, 2015 and one-third will vest on February 1, 2016.
  2. Restricted stock units granted under the Amended and Restated EMC Corporation 2003 Stock Plan, which are subject to forfeiture upon certain events. The restricted stock units will vest ratably over four years beginning one year from the date of grant.
  3. Performance restricted stock units granted under the Amended and Restated EMC Corporation 2003 Stock Plan, which are subject to forfeiture upon certain events. The performance restricted stock units will vest only in the event that a three-year cumulative performance target approved by the Leadership and Compensation Committee (the "Committee") has been met. The Committee expects to determine whether the performance target has been met, in full or in part, in 2016. If such target is met, one-half of the performance restricted stock units will vest in 2016 and one-half will vest on February 1, 2017.
  4. Options granted under the Amended and Restated EMC Corporation 2003 Stock Plan, which are subject to certain restrictions on transfer and are subject to forfeiture upon certain events. The options will vest only in the event that 2013 performance targets approved by the Board of Directors are met. If such targets are met, one-quarter of the options will vest in 2014, one-quarter will vest on February 1, 2015, one-quarter will vest on February 1, 2016 and one-quarter will vest on February 1, 2017.
  5. Options granted under the Amended and Restated EMC Corporation 2003 Stock Plan, which are subject to certain restrictions on transfer and are subject to forfeiture upon certain events. The options will vest ratably over five years beginning one year from the date of grant.