UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Thomas B. Green
One Dell Way
TX, Round Rock 78682-2244
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
9/5/2002
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)
Senior Vice President, Law and Administration and Secretary
7. Individual or Joint/Group Filing (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 |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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Common Stock | | | | | | |166317 |D | |
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Common Stock | | | | | | |17736 |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 | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price 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 |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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Nonqualified Stock Opt|$1.446 | | | | | |1 |7/11/|Common Stock| | |384000 |D | |
ions | | | | | | | |2006 | | | | | | |
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Nonqualified Stock Opt|$27.64 |3/7/ |A |V|150000 |A |2 |3/7/2|Common Stock|150000 |N/A |150000 |D | |
ions | |2002 | | | | | |012 | | | | | | |
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Nonqualified Stock Opt|$25.45 |9/5/ |A | |150000 |A |3 |9/5/2|Common Stock|150000 |N/A |150000 |D | |
ions | |2002 | | | | | |012 | | | | | | |
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Nonqualified Stock Opt|$9.26 | | | | | |1 |7/18/|Common Stock| | |240000 |D | |
ions | | | | | | | |2007 | | | | | | |
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Nonqualified Stock Opt|$10.157 | | | | | |4 |12/22|Common Stock| | |200000 |D | |
ions | | | | | | | |/2007| | | | | | |
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Nonqualified Stock Opt|$12.738 | | | | | |1 |3/20/|Common Stock| | |174768 |D | |
ions | | | | | | | |2008 | | | | | | |
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Nonqualified Stock Opt|$24.09 | | | | | |5 |6/18/|Common Stock| | |750000 |D | |
ion | | | | | | | |2011 | | | | | | |
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Nonqualified Stock Opt|$22.94 | | | | | |6 |2/12/|Common Stock| | |200000 |D | |
ions | | | | | | | |2011 | | | | | | |
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Nonqualified Stock Opt|$22.10 | | | | | |7 |9/6/2|Common Stock| | |200000 |D | |
ions | | | | | | | |011 | | | | | | |
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Nonqualified Stock Opt|$28.899 | | | | | |8 |7/17/|Common Stock| | |86520 |D | |
ions | | | | | | | |2008 | | | | | | |
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Nonqualified Stock Opt|$37.5938| | | | | |9 |8/22/|Common Stock| | |75000 |D | |
ion | | | | | | | |2010 | | | | | | |
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Nonqualified Stock Opt|$30.43 | | | | | |1 |3/26/|Common Stock| | |69228 |D | |
ions | | | | | | | |2009 | | | | | | |
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Nonqualified Stock Opt|$37.5938| | | | | |10 |8/22/|Common Stock| | |75000 |D | |
ions | | | | | | | |2010 | | | | | | |
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Nnonqualified Stock Op|$43.438 | | | | | |11 |3/02/|Common Stock| | |265000 |D | |
tions | | | | | | | |2010 | | | | | | |
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Nonqualified Stock Opt|$44.6875| | | | | |12 |9/23/|Common Stock| | |89510 |D | |
ions | | | | | | | |2009 | | | | | | |
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Nonqualified Stock Opt|$45.90 | | | | | |13 |3/24/|Common Stock| | |29826 |D | |
ions | | | | | | | |2010 | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
1. Currently exercisable.
2. Exercisable in accordance with the following schedule: 30,000 shares on 3/7
of each year from 2003 through 2007.
3. Exercisable in accordance with the following schedule: 30,000 shares on 9/5
of each year from 2003 through 2007.
4. Exercisable in accordance with the following schedule: 40,000 shares on
12/22 of each year from 1998 through 2002.
5. Exercisable in accordance with the following schedule: 150,000 shares on
6/18 of each year from 2002 through 2006.
6. Exercisable in accordance with the following schedule: 40,000 shares on
2/12 of each year from 2002 through 2006.
7. Exercisable in accordance with the following schedule: 40,000 shares on 9/6
of each year from 2002 through 2006.
8. Exercisable in accordance with the following schedule: 17,304 shares on
7/17 of each year from 2002 through 2006.
9. Exercisable in accordance with the following schedule: 15,000 shares on
8/22 of each year from 2003 through 2007.
10. Exercisable in accordance with the following schedule: 15,000 shares on
8/22 of each year from 2001 through 2005.
11. Exercisable in accordance with the following schedule: 53,000 shares on
3/2 of each year from 2001 through 2005.
12. Exercisable according to the following schedule: 17,902 shares on 9/23 of
each year from 2000 through 2004.
13. Exercisable in accordance with the following schedule: 7,456 on 3/24/2001,
7,457 shares on 3/24/2002 and 14,913 shares on 3/24/2003.