Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
MOTT RANDALL D
  2. Issuer Name and Ticker or Trading Symbol
DELL INC [DELL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President
(Last)
(First)
(Middle)
ONE DELL WAY
3. Date of Earliest Transaction (Month/Day/Year)
05/24/2005
(Street)

ROUND ROCK, TX 78682
4. If Amendment, Date Original Filed(Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/24/2005   M   20,000 A $ 22.9375 234,950 D  
Common Stock 05/24/2005   M   10,000 A $ 23.5313 244,950 D  
Common Stock 05/24/2005   S   170,000 D $ 39.9455 74,950 D  
Common Stock 05/24/2005   M   140,000 A $ 24.09 214,950 D  
Common Stock 05/25/2005   M   40,000 A $ 26.185 254,950 D  
Common Stock 05/25/2005   S   40,000 D $ 39.9375 214,950 (1) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Nonqualified Stock Options $ 22.9375 05/24/2005   M     20,000 02/12/2006 02/12/2011 Common Stock 20,000 $ 0 20,000 D  
Nonqualified Stock Options $ 23.5313 05/24/2005   M     10,000 04/03/2006 04/03/2011 Common Stock 10,000 $ 0 10,000 D  
Nonqualified Stock Options $ 24.09 05/24/2005   M     140,000   (2) 06/18/2011 Common Stock 140,000 $ 0 140,000 D  
Nonqualified Stock Options $ 26.185 05/25/2005   M     40,000   (3) 03/06/2013 Common Stock 40,000 $ 0 60,000 D  

Reporting Owners

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

Signatures

 /s/ Thomas H. Welch, Jr. Attorney-in-Fact   05/26/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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 131,950 unrestricted shares and 83,000 restricted shares vesting as follows: 31,500 shares on 2/28 of 2006 and 2007 and 10,000 shares on 6/18 of 2005 and 2006.
(2) Exercisable as follows: 70,000 shares on 6/18 of 2005 and 2006.
(3) Exercisable as follows: 20,000 shares on 3/6 of 2006 through 2008.

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