Edgar Filing: Price Steven H

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Price Steven H

2. Date of Event Requiring Statement (Month/Day/Year)
06/03/2010

3. Issuer Name and Ticker or Trading Symbol
DELL INC [DELL]

(Last)

(First)

(Middle)

ONE DELL WAY

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Senior Vice President

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

ROUND ROCK,Â TXÂ 78682

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	138,634 ⁽¹⁾	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Nonqualified Stock Option	Â ⁽²⁾	03/04/2018	Common Stock	97,257	$ 19.67	D	Â
Nonqualified Stock Options	Â ⁽²⁾	08/22/2010	Common Stock	122,890	$ 37.5938	D	Â
Nonqualified Stock Options	Â ⁽²⁾	06/18/2011	Common Stock	40,000	$ 24.09	D	Â
Nonqualified Stock Options	Â ⁽²⁾	03/07/2012	Common Stock	18,123	$ 27.64	D	Â
Nonqualified Stock Options	Â ⁽²⁾	09/05/2012	Common Stock	22,572	$ 25.45	D	Â
Nonqualified Stock Options	Â ⁽²⁾	03/06/2013	Common Stock	26,324	$ 26.185	D	Â
Nonqualified Stock Options	Â ⁽²⁾	09/04/2013	Common Stock	24,935	$ 34.24	D	Â
Nonqualified Stock Options	Â ⁽²⁾	03/04/2014	Common Stock	27,950	$ 32.985	D	Â
Nonqualified Stock Options	Â ⁽²⁾	09/02/2014	Common Stock	30,430	$ 35.35	D	Â
Nonqualified Stock Options	Â ⁽²⁾	03/03/2015	Common Stock	53,555	$ 40.17	D	Â
Nonqualified Stock Options	Â ⁽²⁾	03/08/2017	Common Stock	109,308	$ 22.275	D	Â
Nonqualified Stock Options	Â ⁽²⁾	06/02/2019	Common Stock	300,000	$ 11.94	D	Â
Nonqualified Stock Options	Â ⁽³⁾	03/29/2020	Common Stock	56,283	$ 14.99	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Price Steven H ONE DELL WAY ROUND ROCK,Â TXÂ 78682	Â	Â	Â Senior Vice President	Â

Signatures

/s/ Janet B. Wright, Attorney-in-Fact		06/14/2010
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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).
(1)	Represents 380 unrestricted shares and 138,254 restricted stock units vesting as follows: 2,091 units on 3/3/11, 2,092 units on 3/3/12, 48,395 units on 2/8/11, 2,639 units on 3/9/11, 23,580 units on 3/4/11, 18,471 units on 3/5 of 2011 and 2012 and 22,515 units on 3/26/13.
(2)	Currently exercisable.
(3)	Exercisable as follows: 18,765 shares on 3/26/2011 and 18,759 shares on 3/26 of 2012 and 2013.

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