0000899243-16-036074 4 1 20161219 20161220 20161220 VMWARE, INC. 0001124610 7372 943292913 DE 1231 3401 HILLVIEW AVENUE PALO ALTO CA 94304 (650) 427-5000 3401 HILLVIEW AVENUE PALO ALTO CA 94304 VMWARE INC 20000923 Silver Lake Group, L.L.C. 0001418226 DE 1231 4 34 001-33622 162062584 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 6502338120 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 SLTA IV (GP), L.L.C. 0001672568 DE 1231 4 34 001-33622 162062585 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 (650)233-8120 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 Silver Lake Partners IV, L.P. 0001552054 DE 1231 4 34 001-33622 162062588 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 650-233-8020 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 Silver Lake Technology Associates III, L.P. 0001491809 DE 1231 4 34 001-33622 162062590 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 6502338120 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 Silver Lake Technology Investors III, L.P. 0001637683 DE 1231 4 34 001-33622 162062591 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 (650)233-8120 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 Durban Egon 0001651403 4 34 001-33622 162062593 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 SLTA III (GP), L.L.C. 0001491808 DE 1231 4 34 001-33622 162062589 C/O SILVER LAKE PARTNERS 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94205 650-233-8120 C/O SILVER LAKE PARTNERS 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94205 Silver Lake Technology Associates IV, L.P. 0001672566 DE 1231 4 34 001-33622 162062586 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 (650)233-8120 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 Silver Lake Partners III LP 0001387096 4 34 001-33622 162062592 2775 Sand Hill Rd Ste 100 Menlo Park CA 94025 2775 Sand Hill Rd Ste 100 Menlo Park CA 94025 Silver Lake Technology Investors IV, L.P. 0001672565 DE 1231 4 34 001-33622 162062587 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 (650)233-8120 C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 MENLO PARK CA 94025 4 1 doc4.xml FORM 4 SUBMISSION FORM 4 OMB APPROVAL [ ] Check this OMB Number: box if no longer UNITED STATES SECURITIES AND EXCHANGE COMMISSION 3235-0287 subject to Washington, D.C. 20549 Estimated Section 16. Form STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF average burden 4 or Form 5 SECURITIES hours per obligations may response... 0.5 continue. See Instruction 1(b). Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 1. Name and Address of Reporting 2. Issuer Name and Ticker 5. Relationship of Person * or Trading Symbol Reporting Person(s) to Durban Egon VMWARE, INC. [ VMW ] Issuer (Check all applicable) __X__ Director _____ (Last) (First) (Middle) 3. Date of Earliest 10% Owner C/O SILVER LAKE, 2775 SAND HILL Transaction (MM/DD/YYYY) _____ Officer (give title ROAD, SUITE 100 12/19/2016 below) _____ Other (specify below) (Street) 4. If Amendment, Date 6. Individual or MENLO PARK, CA 94025 Original Filed Joint/Group Filing (Check (City) (State) (Zip) (MM/DD/YYYY) Applicable Line) ___ Form filed by One Reporting Person _ X _ Form filed by More than One Reporting Person Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security 2. Trans. Date 2A. 3. Trans. 4. Securities Acquired 5. Amount of 6. Ownership Form: 7. Nature of Indirect Beneficial (Instr. 3) Deemed Code (A) or Disposed of (D) Securities Direct (D) or Ownership (Instr. 4) Execution (Instr. 8) (Instr. 3, 4 and 5) Beneficially Owned Indirect (I) (Instr. Date, if Following Reported 4) any (A) Transaction(s) or (Instr. 3 and 4) Code V Amount (D) Price Class A Common Stock 12/19/2016 S 4775142 D (1) 38250166 I See footnotes (2) (3) (4) (5) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of 2. 3. 3A. 4. Trans. 5. Number of 6. Date Exercisable 7. Title and Amount of 8. Price 9. Number of 10. 11. Nature Derivate Conversion Trans. Deemed Code Derivative and Expiration Date Securities Underlying of derivative Ownership of Security or Date Execution (Instr. 8) Securities Derivative Security Derivative Securities Form of Indirect (Instr. 3) Exercise Date, if Acquired (A) or (Instr. 3 and 4) Security Beneficially Derivative Beneficial Price of any Disposed of (D) (Instr. 5) Owned Security: Ownership Derivative (Instr. 3, 4 Following Direct (D) (Instr. 4) Security and 5) Reported or Transaction(s) Indirect Date Expiration Amount or (Instr. 4) (I) Exercisable Date Title Number of (Instr. 4) Code V (A) (D) Shares Explanation of Responses: (1) Under the terms of a stock purchase agreement dated as of December 15, 2016, by and among Dell Technologies Inc. ("Dell Technologies"), EMC Equity Assets LLC, an indirect wholly-owned subsidiary of Dell Technologies, and VMware, Inc. (the "Issuer"), the final price per share will be determined based on the volume-weighted average per share price of the Class A Common Stock as reported on the New York Stock Exchange during a specified reference period, less a discount of 3.5% from that volume-weighted average per share price, and subject to adjustment in certain circumstances as set forth in the stock purchase agreement. The price per share will be set forth in an amendment to this Form 4 report. (2) The 4,775,142 shares of Class A Common Stock sold in the reported transaction, which is expected to close on December 22, 2016, were held directly by EMC Equity Assets LLC, a direct wholly-owned subsidiary of EMC Corporation ("EMC"). EMC is the record holder of 35,139,359 of the 38,250,166 shares of Class A Common Stock reported in Column 5 of Table I, and EMC Equity Assets LLC is the record holder of the remainder of such shares. EMC is directly wholly-owned by Dell Inc., which in turn is indirectly wholly-owned by Dell Technologies through its directly held wholly-owned subsidiary Denali Intermediate Inc. Dell Technologies is owned by investors including Silver Lake Partners III, L.P. ("SLP III"), Silver Lake Technology Investors III, L.P. ("SLTI III"), Silver Lake Partners IV, L.P. ("SLP IV"), Silver Lake Technology Investors IV, L.P. ("SLTI IV") and SLP Denali Co-Invest, L.P. ("SLP Denali," and together with SLP III, SLTI III, SLP IV and SLTI IV, the "Silver Lake Funds"). (3) Silver Lake Group, L.L.C. ("SLG") is the managing member of (i) SLTA III (GP), L.L.C. ("SLTA III GP"), which is the general partner of Silver Lake Technology Associates III, L.P. ("SLTA III"), which is the general partner of SLP III and SLTI III and the managing member of SLP Denali Co-Invest GP, L.L.C. ("SLP Denali GP"), which is the general partner of SLP Denali and (ii) SLTA IV (GP), L.L.C. ("SLTA IV GP"), which is the general partner of Silver Lake Technology Associates IV, L.P. ("SLTA IV", and collectively with the Silver Lake Funds, SLP Denali GP, SLTA III, SLTA III GP, SLTA IV GP and SLG, the "Silver Lake Investors"), which is the general partner of SLP IV and SLTI IV. Egon Durban, who serves as a director of the Issuer, also serves as a Managing Director of SLG and as a member of the investment committees of SLTA III GP and SLTA IV GP. (4) The Silver Lake Funds have the right, under an agreement with Dell Technologies and other Dell Technologies stockholders, to approve the sale by Dell Technologies or specified subsidiaries of Dell Technologies of any shares of common stock of the Issuer held by them. As a result of the relationships and contractual provisions described above and in footnotes (2) and (3) above, each of the Reporting Persons may be deemed to beneficially own securities of the Issuer held by EMC Equity Assets LLC and EMC. (5) This filing shall not be deemed an admission that the Silver Lake Investors engaged in any transaction subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), are subject to Section 16 of the Exchange Act or, for purposes of Section 16 of the Exchange Act or otherwise, that the Reporting Persons are the beneficial owners of any equity securities in excess of their respective pecuniary interests, and each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any. Remarks: The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. Because no more than 10 reporting persons can file any one Form 4 through the Securities and Exchange Commission's EDGAR system, SLP Denali and SLP Denali GP have filed a separate Form 4, which reports the transaction reported herein. Michael S. Dell, Dell Technologies and EMC are also separately filing a Form 4 reporting the transaction reported herein. Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Durban Egon C/O SILVER LAKE X 2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025 Silver Lake Partners III LP C/O SILVER LAKE X 2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025 Silver Lake Technology Investors III, L.P. C/O SILVER LAKE X 2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA Silver Lake Technology Associates III, L.P. C/O SILVER LAKE X 2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025 SLTA III (GP), L.L.C. C/O SILVER LAKE X 2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025 Silver Lake Partners IV, L.P. C/O SILVER LAKE X 2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025 Silver Lake Technology Investors IV, L.P. C/O SILVER LAKE X 2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025 Silver Lake Technology Associates IV, L.P. C/O SILVER LAKE X 2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025 SLTA IV (GP), L.L.C. C/O SILVER LAKE X 2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025 Silver Lake Group, L.L.C. C/O SILVER LAKE X 2775 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025 Signatures EGON DURBAN: /s/ Egon Durban 12/20/2016 ** Signature of Reporting Person Date By: /s/ Egon Durban; Egon Durban, Managing Director of Silver 12/20/2016 Lake Group, L.L.C. ** Signature of Reporting Person Date By: /s/ Egon Durban; Egon Durban, Managing Director of Silver 12/20/2016 Lake Group, L.L.C., managing member of SLTA III (GP), L.L.C. ** Signature of Reporting Person Date By: /s/ Egon Durban; Egon Durban, Managing Director of Silver Lake Group, L.L.C., managing member of SLTA III (GP), L.L.C., 12/20/2016 general partner of Silver Lake Technology Associates III, L.P. ** Signature of Reporting Person Date By: /s/ Egon Durban; Egon Durban, Managing Director of Silver Lake Group, L.L.C., managing member of SLTA III (GP), L.L.C., 12/20/2016 general partner of Silver Lake Technology Associates III, L.P., general partner of Silver Lake Partners III, L.P. ** Signature of Reporting Person Date By: /s/ Egon Durban; Egon Durban, Managing Director of Silver Lake Group, L.L.C., managing member of SLTA III (GP), L.L.C., 12/20/2016 general partner of Silver Lake Technology Associates III, L.P., general partner of Silver Lake Technology Investors III, L.P. ** Signature of Reporting Person Date By: /s/ Egon Durban; Egon Durban, Managing Director of Silver 12/20/2016 Lake Group, L.L.C., managing member of SLTA IV (GP), L.L.C. ** Signature of Reporting Person Date By: /s/ Egon Durban; Egon Durban, Managing Director of Silver Lake Group, L.L.C., managing member of SLTA IV (GP), L.L.C., 12/20/2016 general partner of Silver Lake Technology Associates IV, L.P. ** Signature of Reporting Person Date By: /s/ Egon Durban; Egon Durban, Managing Director of Silver Lake Group, L.L.C., managing member of SLTA IV (GP), L.L.C., 12/20/2016 general partner of Silver Lake Technology Associates IV, L.P., general partner of Silver Lake Partners IV, L.P. ** Signature of Reporting Person Date By: /s/ Egon Durban; Egon Durban, Managing Director of Silver Lake Group, L.L.C., managing member of SLTA IV (GP), L.L.C., 12/20/2016 general partner of Silver Lake Technology Associates IV, L.P., general partner of Silver Lake Technology Investors IV, L.P. ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.