Virtualization Technology News and Information
Intel Trimmed its Position in VMware

In an amended SC 13D filing on VMware, Inc. (NYSE: VMW), Intel (Nasdaq: INTC) filed on May 14, 2009 and disclosed the following:

Between December 13, 2009 and May 11, 2009, Intel Capital, the Reporting Person’s wholly-owned subsidiary, sold an aggregate of 828,842 shares of the Common Stock in the open market, for a total price of $20,959,239 at the per share price ranging from $23.00 to $28.09. 

In addition, on May 12, 2009, Intel Capital gifted 300,000 shares of Common Stock to the Intel Foundation, a not-for-profit organization. 

Item 4 of the Schedule 13D is hereby further amended such that the paragraph in Item 4 beginning with “Other than the plan to sell up to 3,750,000 shares of Common Stock” is amended and restated in its entirety by the following: 

Other than the plan to sell up to 3,750,000 shares of the Common Stock disclosed in Amendment No. 1 to the Schedule 13D filed on November 3, 2008, Intel Capital does not have any other plans or proposals relating to the Common Stock. Pursuant to this plan, between November 4, 2008 and May 11, 2009, Intel Capital sold an aggregate of 3,185,366 shares of the Common Stock in the open market. Intel Capital currently holds 5,014,634 shares of the Common Stock.

View the filing, here.

Published Thursday, May 14, 2009 11:01 PM by David Marshall
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