This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Dell Announces Extension Of Tender Offer For Outstanding Options Under 2002 And 2012 Long-Term Incentive Plans

Stocks in this article: DELL

Dell announced today that it has extended its previously-announced cash tender offer for outstanding options to purchase Dell common stock under the Dell Inc. 2012 Long-Term Incentive Plan (“2012 Plan”) and the Dell Inc. Amended and Restated 2002 Long-Term Incentive Plan (“2002 Plan”). The tender offer, which was previously scheduled to expire at 11:59 p.m., New York City time, on October 25, 2013 has now been extended, and will now expire at 5:00 p.m., New York City time, on October 29, 2013. Tenders of eligible options must be made prior to the extended expiration of the tender offer and may be withdrawn at any time prior to that time. Except for this extension, the tender offer remains subject to all other terms and conditions set forth in Dell’s Offer to Purchase for Cash Outstanding Options to Purchase Common Stock under the Dell Inc. 2012 Long-Term Incentive Plan and the Dell Inc. 2002 Long-Term Incentive Plan, dated September 26, 2013 (the “Offer to Purchase”).

As of 5:00 p.m., New York City time, on October 24, 2013, option holders had validly tendered, and not withdrawn, options to purchase approximately 61,783,573 shares of Dell common stock. Outstanding options granted under the 2012 Plan and the 2002 Plan and eligible to be tendered in the offer represented rights to purchase a total of 70,324,718 shares of Dell common stock as of September 26, 2013, the date on which the tender offer commenced.

Important Additional Information Has Been Filed With the SEC

This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the options. The tender offer is being made pursuant to a tender offer statement on Schedule TO and related materials, including the Offer to Purchase, that Dell filed with the Securities and Exchange Commission on September 26, 2013. The Offer to Purchase has been disseminated to option holders under the 2012 Plan and the 2002 Plan. Option holders are urged to read the Schedule TO, including the Offer to Purchase, and related materials because they contain important information.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs