UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
1. Name and Address of Reporting Person
Charles H. Saunders
Solid Square East Tower 20/21F
580 Horikawa-sho
Saiwai-ku, Kawasaki
, Kanagawa 210
2. Issuer Name and Ticker or Trading Symbol
Dell Computer Corporation (DELL)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
Fiscal Year 2001
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
President, Dell Computer K.K.
7. Individual or Joint/Group Reporting (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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Common Stock | | | | | |502949 1 |D | |
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Common Stock | | | | | |1231 |I |Employer 401(k) Plan |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
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Nonqualified Stock Optio|$6.040 |1/4/ |G |256000 |D |2 |5/19/|Common Stock|256000 |N/A |0 |D | |
ns | |2001 | | | | |07 | | | | | | |
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Nonqualified Stock Optio|$6.040 |1/4/ |G |256000 |A |2 |5/19/|Common Stock|256000 |N/A |256000 |I |Family Trust|
ns | |2001 | | | | |07 | | | | | | |
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Nonqualified Stock Optio|$9.26 |1/4/ |G |96000 |D |3 |7/18/|Common Stock|96000 |N/A |0 |D | |
ns | |2001 | | | | |07 | | | | | | |
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Nonqualified Stock Optio|$9.26 |1/4/ |G |96000 |A |3 |7/18/|Common Stock|96000 |N/A |96000 |I |Family Trust|
ns | |2001 | | | | |07 | | | | | | |
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Nonqualified Stock Optio|$12.738 | | | | |4 |3/20/|Common Stock| | |72068 |D | |
ns | | | | | | |08 | | | | | | |
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Nonqualified Stock Optio|$28.899 |1/4/ |G |13844 |D |5 |7/17/|Common Stock|13844 |N/A |55376 |D | |
ns | |2001 | | | | |08 | | | | | | |
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Nonqualified Stock Optio|$28.899 |1/4/ |G |13844 |A |6 |7/17/|Common Stock|13844 |N/A |13844 |I |Family Trust|
ns | |2001 | | | | |08 | | | | | | |
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Nonqualified Stock Optio|$37.5938|8/22/|A |100000 |A |7 |8/22/|Common Stock|100000 |N/A |100000 |D | |
n | | 2000| | | | |2010 | | | | | | |
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Nonqualified Stock Optio|$37.5938|8/22/|A |100000 |A |8 |8/22/|Common Stock|100000 |N/A | |D | |
ns | | 2000| | | | |2010 | | | | | | |
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Nonqualified Stock Optio|$30.43 |1/4/ |G |55641 |D |9 |3/26/|Common Stock|55641 |N/A |0 |D | |
ns | |2001 | | | | |09 | | | | | | |
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Nonqualified Stock Optio|$37.5938|1/4/ |G |40000 |D |8 |8/22/|Common Stock|40000 |N/A |60000 |D | |
ns | |2001 | | | | |2010 | | | | | | |
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Nonqualified Stock Optio|$30.43 |1/4/ |G |55641 |A |9 |3/26/|Common Stock|55641 |N/A |55641 |I |Family Trust|
ns | |2001 | | | | |09 | | | | | | |
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Nonqualified Stock Optio|$37.5938|1/4/ |G |40000 |A |10 |8/22/|Common Stock|40000 |N/A |40000 |I |Family Trust|
ns | |2001 | | | | |2010 | | | | | | |
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Nnonqualified Stock Opti|$43.438 |3/2/ |A |100000 |A |11 |3/02/|Common Stock|100000 |N/A |100000 |D | |
ons | |2000 | | | | |10 | | | | | | |
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Nonqualified Stock Optio|$47.9063|5/4/ |A |100000 |A |12 |5/4/1|Common Stock|100000 |N/A |100000 |D | |
ns | |2000 | | | | |0 | | | | | | |
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Nonqualified Stock Optio|$44.6875| | | | |13 |9/23/|Common Stock| | |67135 |D | |
ns | | | | | | |09 | | | | | | |
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Explanation of Responses:
1. Represents 278,949 shares held free of restrictions and 224,000 shares of
restricted stock scheduled to vest according to the following schedule: 112,
000 shares on 5/19 of 2001 and 2002.
2. Exercisable in accordance with the following schedule: 128,000 shares on
5/19 of 2001 and 2002.
3. Exercisable in accordance with the following schedule: 32,000 shares on
7/18 of each year from 2000 through 2002.
4. Currently exercisable.
5. Exercisable in accordance with the following schedule: 13,844 shares on 7/17
of each year from 2003 through 2006.
6. Exercisable on 7/17/02.
7. Exercisable according to the following schedule: 20,000 shares on 8/22 of
each year from 2003 through 2007.
8. Exercisable according to the following schedule: 20,000 shares on 8/22 of
each year from 2003 through 2005.
9. Exercisable according to the following schedule: 13,910 shares on 3/26/00
and 3/26/01 and 27,821 shares on 3/26/02.
10. Exercisable according to the following schedule: 20,000 shares on 8/22 of
2001 and 2002.
11. Exercisable according to the following schedule: 20,000 shares on 3/2 of
each year from 2001 through 2005.
12. Exercisable according to the following schedule: 20,000 shares on 5/4 of
each year from 2001 through 2005.
13. Exercisable according to the following schedule: 13,427 shares on 9/23 of
each year from 2000 through 2004.