Edgar Filing: DELL INC

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 MOTT RANDALL D

2. Date of Event Requiring Statement (Month/Day/Year)
01/31/2005

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)
02/10/2005

(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	224,143 ⁽¹⁾	D	Â
Common Stock	2,845	I	Employer 401(k) Plan

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 Options	Â ⁽²⁾	02/28/2010	Common Stock	280,000	$ 40.3125	D	Â
Nonqualified Stock Options	Â ⁽³⁾	08/22/2010	Common Stock	100,000	$ 37.5938	D	Â
Nonqualified Stock Options	Â ⁽⁴⁾	08/22/2010	Common Stock	100,000	$ 37.5938	D	Â
Nonqualified Stock Options	Â ⁽⁵⁾	02/12/2011	Common Stock	40,000	$ 22.9375	D	Â
Nonqualified Stock Options	Â ⁽²⁾	03/23/2011	Common Stock	83,953	$ 21.7187	D	Â
Nonqualified Stock Options	Â ⁽⁶⁾	04/03/2011	Common Stock	20,000	$ 23.5313	D	Â
Nonqualified Stock Options	Â ⁽⁷⁾	06/18/2011	Common Stock	280,000	$ 24.09	D	Â
Nonqualified Stock Options	Â ⁽⁸⁾	09/06/2011	Common Stock	60,000	$ 22.1	D	Â
Nonqualified Stock Options	Â ⁽⁹⁾	03/07/2012	Common Stock	150,000	$ 27.64	D	Â
Nonqualified Stock Options	Â ⁽²⁾	03/22/2012	Common Stock	33,520	$ 21.388	D	Â
Nonqualified Stock Options	Â ⁽¹⁰⁾	09/05/2012	Common Stock	60,000	$ 25.45	D	Â
Nonqualified Stock Options	Â ⁽¹¹⁾	03/06/2013	Common Stock	100,000	$ 26.185	D	Â
Nonqualified Stock Options	Â ⁽¹²⁾	09/04/2013	Common Stock	100,000	$ 34.24	D	Â
Nonqualified Stock Options	Â ⁽¹³⁾	03/04/2014	Common Stock	100,000	$ 32.985	D	Â
Nonqualified Stock Options	Â ⁽¹⁴⁾	09/02/2014	Common Stock	100,000	$ 35.35	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
MOTT RANDALL D ONE DELL WAY ROUND ROCK,Â TXÂ 78682	Â	Â	Â Senior Vice President	Â

Signatures

/s/ THOMAS H. WELCH, JR. Attorney-in-Fact		05/05/2005
^**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 109,643 non-restricted shares and 114,500 shares of restricted stock vesting as follows: 31,500 shares on 2/28 of 2005 through 2007 and 10,000 shares on 6/18 of 2005 and 2006.
(2)	Currently exercisable
(3)	Exercisable as follows: 40,000 shares currently exercisable and 20,000 shares on 8/22 of 2005 through 2007.
(4)	Exercisable as follows: 80,000 shares currently exercisable and 20,000 shares on 8/22/05.
(5)	Exercisable as follows: 20,000 shares on 2/12 of 2005 and 2006.
(6)	Exercisable as follows: 10,000 shares on 4/3 of 2005 through 2006.
(7)	Exercisable as follows: 140,000 shares currently exercisable and 70,000 shares on 6/18 of 2005 through 2006.
(8)	Exercisable as follows 30,000 shares on 9/6 of 2005 and 2006.
(9)	Exercisable as follows: 60,000 shares currently exercisable and 30,000 shares on 3/7 of 2005 through 2007.
(10)	Exercisable as follows: 20,000 shares on 9/5 of 2005 through 2007.
(11)	Exercisable as follows: 20,000 shares currently exercisable and 20,000 shares on 3/6 of 2005 through 2008.
(12)	Exercisable as follows: 20,000 shares currently exercisable and 20,000 shares on 9/4 of 2005 through 2008.
(13)	Exercisable as follows: 20,000 shares on 3/4 of 2005 through 2009.
(14)	Exercisable as follows: 20,000 shares on 9/2 of 2005 through 2009.

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