Thread regarding VMware layoffs

Exec RSU Grants

How convenient for Exec Officers to line their pockets right before the deal was announced.

INSIDER
RELATION
LAST DATE

TRANSACTION
OWNER TYPE
SHARES TRADED
PRICE
SHARES HELD
ROWE ZANE Officer 04/21/2022 Acquisition (Non Open Market) Direct 29,847 $0.00 200,889
DHAWAN SUMIT Officer 04/21/2022 Acquisition (Non Open Market) Direct 29,847 $0.00 106,984
BRULARD JEAN PIERRE Officer 04/21/2022 Acquisition (Non Open Market) Direct 19,898 $0.00 99,383
OLLI AMY FLIEGELMAN Officer 04/21/2022 Acquisition (Non Open Market) Direct 19,898 $0.00 96,642
RAGHURAM RANGARAJAN (RAGHU) Officer 04/21/2022 Acquisition (Non Open Market) Direct 49,745 $0.00 249,264
ROWE ZANE Officer 03/23/2022 Acquisition (Non Open Market) Direct 58,424 $0.00 247,404
OLLI AMY FLIEGELMAN Officer 03/23/2022 Acquisition (Non Open Market) Direct 17,526 $0.00 87,777
RAGHURAM RANGARAJAN (RAGHU) Officer 03/23/2022 Acquisition (Non Open Market) Direct 27,263 $0.00 220,039
DHAWAN SUMIT Officer 03/01/2022 Disposition (Non Open Market) Direct 2,080 $115.91 77,137

https://www.nasdaq.com/market-activity/stocks/vmw/insider-activity

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| 1823 views | | 7 replies (last June 27, 2022) | Reply
Post ID: @OP+1hoUP8pK

7 replies (most recent on top)

I Raghu we trust, i still believe he will make VMware the Switzerland of Pasta Sauces.

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Post ID: @3qnn+1hoUP8pK

All of this is a crime. What did any of these guy do that they should get so much money on top of their paycheck? They are stealing from the shareholders, customers, employees and the product development.

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Post ID: @1okn+1hoUP8pK

The thing about the selling is that you have to add the sold shares back in to get an idea of what they got in total. JP for example has 83,060 shares now but that is after making many sales. Just this year he sold 49,868 shares worth $5,834,556 at today's price.

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Post ID: @1hsv+1hoUP8pK

The real crime is accelerated vesting and change in control amounts, which are at least as large as their “normal” RSU grants. Takes at least several million $ to deliver a cow to sl------r.

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Post ID: @wmg+1hoUP8pK

Some key employees got a few hundred shares while the execs got 10s of thousands.

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Post ID: @wam+1hoUP8pK

The selling I can understand. Most of that is automatic.

Granting themselves RSUs in March and April is bullsh!t. Did any other employees get RSUs during that time?

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Post ID: @xyg+1hoUP8pK

If you look at the list what is interesting is how much they are selling. JP just sold 12,532 shares for $1,629,160 as an example. They others are doing the same.

Here is what they currently hold.
Name - Shares - Value at $117
RAGHURAM RANGARAJAN 244,157 $28,566,369
ROWE ZANE 189,117 $22,126,689
BRULARD JEAN PIERRE 83,060 $9,718,020
DHAWAN SUMIT 101,388 $11,862,396

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Post ID: @idj+1hoUP8pK

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