12/09/2025 | Press release | Distributed by Public on 12/09/2025 19:34
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (2) | 01/16/2025 | A | 2,398.0404(3) | (3) | (3) | Common Stock | 2,398.0404 | (3) | 99,746.0404 | D | ||||
| Restricted Stock Units | (2) | 12/07/2025 | M | 65,387(4)(5) | (4)(5) | (4)(5) | Common Stock | 65,387 | (4)(5) | 65,385 | D | ||||
| Restricted Stock Units | (2) | 01/16/2025 | A | 3,662.4408(6) | (6) | (6) | Common Stock | 3,662.4408 | (6) | 144,294.4408 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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RUSSO FIDELMA 1701 E MOSSY OAKS ROAD SPRING, TX 77389 |
EVP, GM, Hybrid Cloud & CTO | |||
| Ki Hoon Kim as Attorney-in-Fact for Fidelma M. Russo | 12/09/2025 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | On 12/07/23 the reporting person was granted PARSUs subject to Non-GAAP Net Income and relative total stockholder return conditions being met at the time of vesting. These PARSUs vest 50% after 2 and 3 years subject to performance and are issued in Issuer's common stock. |
| (2) | Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. |
| (3) | As previously reported, on 12/08/22, the reporting person was granted 276,243 restricted stock units ("RSUs"), 92,081 of which vested on 12/08/23, 92,081 of which vested on 12/08/24, and 92,081 of which will vest on 12/08/25. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 reflects 511.3426 dividend equivalent rights at $23.41 per RSU credited to the reporting person's account on 01/16/25; 790.6559 dividend equivalent rights at $15.14 per RSU credited to the reporting person's account on 04/18/25; 574.6774 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25; and 521.3645 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25. |
| (4) | As previously reported, on 12/07/23, the reporting person was granted 186,104 RSUs, 62,034 of which vested on 12/07/24, and 62,035 of which vested on 12/07/25, and 62,035 of which will vest on 12/07/26. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 reflects 688.9833 dividend equivalent rights at $23.41 per RSU credited to the reporting person's account on 01/16/25; 1,065.3303 dividend equivalent rights at $15.14 per RSU credited to the reporting person's account on 04/18/25; 774.3207 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25; and 702.4869 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25. |
| (5) | The number of derivative securities in column 5 reflects RSUs that vested, and 3,352 vested dividend equivalent rights, and a rounded portion of the dividend equivalent rights credited to the reporting person's account are reflected in column 9. |
| (6) | As previously reported, on 12/09/24, the reporting person was granted 140,632 RSUs, 46,877 of which will vest on each of 12/09/25 and 12/09/26, and 46,878 of which will vest on 12/09/27. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 reflects 780.9551 dividend equivalent rights at $23.41 per RSU credited to the reporting person's account on 01/16/25; 1,207.5403 dividend equivalent rights at $15.14 per RSU credited to the reporting person's account on 04/18/25; 877.6841 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25; and 796.2613 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25. |