Dell 1997 Annual Report Download - page 42

Paul O. Hirschbiel, Jr...................................... 203,424(c)(f) *
Michael H. Jordan........................................... 435,200(c) *
Thomas W. Luce III.......................................... 1,120(c) *
Klaus S. Luft............................................... 201,600(c) *
Claudine B. Malone.......................................... 108,000(c) *
Alex J. Mandl............................................... 0 *
Michael A. Miles............................................ 399,958(c)(g) *
Morton L. Topfer............................................ 964,914(c)(h) *
Kevin B. Rollins............................................ 538,322(c) *
Thomas J. Meredith.......................................... 1,402,983(c)(i) *
Phillip E. Kelly............................................ 225,926(c) *
Directors and executive officers as a group (24 persons).... 110,123,270(c) 17.1%
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* Less than 1%.
(a) As of March 31, 1998, unless otherwise indicated.
(b) Based on the number of shares outstanding (640,316,904) at the close of
business on March 31, 1998, unless otherwise indicated.
(c) Includes the following number of shares subject to options that were
exercisable at or within 60 days after March 31, 1998: Mr. Dell, 1,232,000;
Mr. Carty, 235,200; Mr. Hirschbiel, 110,400; Mr. Jordan, 355,200; Mr. Luce,
1,120; Mr. Luft, 201,600; Ms. Malone, 48,000; Mr. Miles, 202,720; Mr.
Topfer, 309,388; Mr. Rollins, 536,000; Mr. Meredith, 556,187; Mr. Kelly, 0;
and all directors and executive officers as a group, 4,503,358. Also
includes the following number of shares held for the person's account in the
Company-sponsored 401(k) retirement savings plan: Mr. Dell, 24,830; Mr.
Topfer, 4,190; Mr. Rollins, 458; Mr. Meredith, 9,456; Mr. Kelly, 2,958; and
all directors and executive officers as a group, 66,454.
(d) Does not include 1,620,000 shares held in a trust of which Mr. Dell is the
grantor, 1,520,000 shares held in a trust of which Mr. Dell's spouse is the
grantor or 10,112,128 shares held by Mr. Dell's spouse.
(e) Based on a Schedule 13G filed with the Securities and Exchange Commission on
February 13, 1998 and reflecting ownership of common stock, and the
percentage of shares outstanding, as of December 31, 1997. The following
information is taken from that filing. The Schedule 13G was filed by The
Equitable Companies Incorporated ("Equitable"); AXA-UAP, which beneficially
owns a majority interest in Equitable; and Alpha Assurances Vie Mutuelle,
AXA Assurances I.A.R.D. Mutuelle, AXA Assurances Vie Mutuelle and AXA
Courtage Assurance Mutuelle, as a group (collectively, the "Mutuelles AXA"),
which beneficially own a majority interest in AXA-UAP. The reporting persons
reported (1) deemed sole voting power over 18,866,442 shares, (2) deemed
shared voting power over 5,684,760 shares, (3) deemed sole investment power
over 35,908,752 shares and (4) deemed shared investment power over 16,910
shares. Alliance Capital Management L.P., a subsidiary of Equitable was
reported as the deemed holder of sole voting power over 18,712,642 of such
shares, shared voting power over 5,684,760 of such shares, sole investment
power over 35,908,752 of such shares and shared investment power over 7,260
of such shares.
(f) Includes 5,760 shares held in family trusts of which Mr. Hirschbiel is the
trustee.
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(g) Includes 40,000 shares held by Mr. Miles' spouse and 1,238 shares held
through the Company's deferred compensation plan for non-employee directors.
(h) Includes 32,368 shares held by a family limited partnership of which Mr.
Topfer is the general partner.
(i)Includes 636,220 shares held by a grantor trust of which Mr. Meredith is the
trustee and Mr. Meredith and members of his family are the beneficiaries.
ITEM 13 -- CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
Thomas W. Luce III, a director of the Company, is affiliated with the law firm
of Hughes & Luce, L.L.P., Dallas, Texas, which provided certain legal services
to the Company during fiscal 1998. The dollar amount of fees that the Company
paid to that firm during fiscal 1998 did not exceed 5% of that firm's gross
revenues for its last full fiscal year.
PART IV
ITEM 14 -- EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K
FINANCIAL STATEMENTS
The following financial statements are filed as a part of this Report under