FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
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 Person *

Scannell William F 		2. Issuer Name and Ticker or Trading Symbol

EMC CORP [ EMC ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President,Global Sales/Cust Op
(Last)          (First)          (Middle)

EMC CORPORATION, 176 SOUTH STREET 		3. Date of Earliest Transaction (MM/DD/YYYY)

9/6/2016
(Street)

HOPKINTON, MA 01748
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   9/6/2016     M    5600   (1) A $15.18   525538   D  
 
Common Stock   9/6/2016     F    4200   (2) D $28.77   521338   D  
 
Common Stock   9/6/2016     M    5200   (1) A $15.31   526538   D  
 
Common Stock   9/6/2016     F    3912   (2) D $28.77   522626   D  
 
Common Stock   9/6/2016     M    9750   (1) A $15.31   532376   D  
 
Common Stock   9/6/2016     F    7335   (2) D $28.77   525041   D  
 
Common Stock   9/6/2016     M    8804   (1) A $20.47   533845   D  
 
Common Stock   9/6/2016     F    7460   (2) D $28.77   526385   D  
 
Common Stock   9/6/2016     M    16506   (1) A $20.47   542891   D  
 
Common Stock   9/6/2016     F    13985   (2) D $28.77   528906   D  
 
Common Stock   9/6/2016     M    20539   (1) A $25.04   549445   D  
 
Common Stock   9/6/2016     F    19130   (2) D $28.77   530315   D  
 
Common Stock   9/6/2016     M    29525   (1) A $25.04   559840   D  
 
Common Stock   9/6/2016     F    27499   (2) D $28.77   532341   D  
 
Common Stock   9/6/2016     M    28598   (1) A $26.80   560939   D  
 
Common Stock   9/6/2016     F    27562   (2) D $28.77   533377   D  
 
Common Stock   9/6/2016     M    21710   (1) A $26.80   555087   D  
 
Common Stock   9/6/2016     F    20923   (2) D $28.77   534164   D  
 
Common Stock   9/6/2016     D    193659   D $0   (3) 340505   D  
 
Common Stock   9/6/2016     F    91248   (4) D $0   249257   D  
 
Common Stock   9/7/2016     D    249257   D $0   (5) 0   D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option Right To Buy   $15.18   9/6/2016     M         5600    8/20/2009   (6) 8/20/2018   Common Stock   5600     (6) 0   D  
 
Stock Option Right To Buy   $15.31   9/6/2016     M         5200    8/4/2010   (6) 8/4/2019   Common Stock   5200     (6) 0   D  
 
Stock Option Right To Buy   $15.31   9/6/2016     M         9750    8/4/2010   (6) 8/4/2019   Common Stock   9750     (6) 0   D  
 
Stock Option Right To Buy   $20.47   9/6/2016     M         8804    8/3/2011   (6) 8/3/2020   Common Stock   8804     (6) 0   D  
 
Stock Option Right To Buy   $20.47   9/6/2016     M         16506    8/3/2011   (6) 8/3/2020   Common Stock   16506     (6) 0   D  
 
Stock Option Right To Buy   $25.04   9/6/2016     M         20539    8/3/2012   (6) 8/3/2021   Common Stock   20539     (6) 0   D  
 
Stock Option Right To Buy   $25.04   9/6/2016     M         29525    8/3/2012   (6) 8/3/2021   Common Stock   29525     (6) 0   D  
 
Stock Option Right To Buy   $26.80   9/6/2016     M         28598    8/8/2013   (6) (7) 8/8/2022   Common Stock   28598     (6) 0   D  
 
Stock Option Right To Buy   $26.80   9/6/2016     M         21710    8/8/2013   (6) (8) 8/8/2022   Common Stock   21710     (6) 0   D  
 

Explanation of Responses:
( 1)  In connection with the merger (the "Merger") of Universal Acquisition Co. with and into EMC Corporation on September 7, 2016, these shares were acquired pursuant to the automatic net exercise of stock options occurring immediately prior to 11:59 p.m., New York City time on September 6, 2016 (the "Vesting Effective Time").
( 2)  Consists of shares withheld by EMC to satisfy the applicable exercise price upon exercise of options and associated tax withholding obligations related to the automatic net exercise of options immediately prior to the Vesting Effective Time described in footnote 1 above.
( 3)  In connection with the Merger, these restricted stock units (the "EMC RSUs") were cancelled in exchange for a deferred cash award (the "Deferred Cash Award") and options (the "Rollover Options") to purchase shares of Class C common stock of Denali Holding Inc. (the "Class C Shares"). Each Deferred Cash Award has a cash value equal to the closing price of a share of EMC common stock on the last trading day prior to the Closing. The Deferred Cash Awards maintain the existing time-based vesting schedule that applied to the cancelled EMC RSUs, with any performance-vesting condition deemed satisfied at the target level of performance at the Closing. The Rollover Options will be granted as soon as practicable following the closing of the Merger, and will have a three-year term and a per share exercise price equal to the fair market value of a Class C Share on the date of grant. Each Rollover Option will vest and become exercisable on the same schedule as the Deferred Cash Award to which it relates.
( 4)  Shares withheld by EMC to satisfy certain taxes payable in connection with the vesting of previously awarded restricted stock units.
( 5)  In connection with the Merger, at the effective time of the Merger, each outstanding share of EMC Corporation common stock beneficially owned by the reporting person was automatically canceled and converted into the right to receive (i) $24.05 in cash and (ii) 0.11146 of a share of Class V Common Stock of Dell Technologies Inc. (f/k/a Denali Holding Inc.).
( 6)  In connection with the merger (the "Merger") of Universal Acquisition Co. with and into EMC Corporation on September 7, 2016, these stock options were automatically net exercised immediately prior to 11:59 p.m., New York City time on September 6, 2016 (the "Vesting Effective Time").
( 7)  In connection with the Merger, 7,149 of these stock options were accelerated and became fully vested and exercisable on August 17, 2016.
( 8)  In connection with the Merger, 4,342 of these stock options were accelerated and became fully vested and exercisable on August 17, 2016.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Scannell William F
EMC CORPORATION
176 SOUTH STREET
HOPKINTON, MA 01748

President,Global Sales/Cust Op

Signatures
/s/Barbara E. Coluci, Attorney In Fact 9/8/2016
** 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.
Global X Funds (NYSE:EMC)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Global X Funds Charts.
Global X Funds (NYSE:EMC)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Global X Funds Charts.