UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). ( ) Form 3 Holdings Reported ( ) Form 4 Transactions Reported 1. Name and Address of Reporting Person Mary Alice Taylor 5508 Lakeview Dr. WA, Kirkland 98033 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 Fiscal Year 2001 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 7. Individual or Joint/Group Reporting (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person ___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 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 | |Date |Code| | Beneficially |(D)or | | | | | | A/| | Owned at |Indir | | | | | Amount | D | Price | End of Year |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock | | | | | |10090 |D | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 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 |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |ice 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 | | | Amount | |ble | | | |Year |(I)| | ___________________________________________________________________________________________________________________________________| Nonqaulified Stock Optio|$33.78 | | | | |1 |6/3/0|Common Stock| | |58802 |D | | ns | | | | | | |9 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Nonqualified Stock Optio|$43.91 | | | | |2 |7/16/|Common Stock| | |17957 |D | | ns | | | | | | |09 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Nonqualified Stock Optio|$52.1563|7/20/|A |16298 |A |3 |7/20/|Common Stock|16298 |N/A | |D | | ns | | 2000| | | | |2010 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Nonqualified Stock Optio|$52.1563|7/20/|A |2301 |A |4 |7/20/|Common Stock|2301 |N/A |18599 |D | | ns | | 2000| | | | |2010 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| Explanation of Responses: 1. Exercisable according to the following schedule: 11,759 shares currently exercisable, 11,761 shares on 6/3 of 2001, 2003 and 2004 and 11,760 shares on 11,760 shares on 6/3/02. 2. Exercisable according to the following schedule: 3,590 shares currently exercisable, 3,592 shares in 7/16 of 2001, 2003 and 2004 and 3,591 shares on 7/16/02. 3. Exercisable in accordance with the following schedule: 3,259 shares on 7/20 of 2001 and 2003 and 3,260 shares on 7/20 of 2002, 2004 and 2005. 4. Exercisable in accordance with the following schedule: 460 shares on 7/20 of each year from 2001 through 2004 amd 461 shares on 7/20/2005.