Silver Lake Technology Associates V, L.P. - Dec 28, 2023 Form 4 Insider Report for Dell Technologies Inc. (DELL)

Role
Director, 10%+ Owner
Signature
By: /s/ Andrew J. Schader, Managing Director and General Counsel of Silver Lake Group, L.L.C., managing member of SLTA SPV-2 (GP), L.L.C., general partner of SLTA SPV-2, L.P.
Stock symbol
DELL
Transactions as of
Dec 28, 2023
Transactions value $
$0
Form type
4
Date filed
12/29/2023, 04:15 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DELL Class C Common Stock Other $0 -3.77K -50% $0.00 3.77K Dec 28, 2023 Held through SLTA SPV-2, L.P. F1, F2, F4
transaction DELL Class C Common Stock Other $0 -2.2K -50% $0.00 2.2K Dec 28, 2023 Held through Silver Lake Technology Associates V, L.P. F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a distribution by SLTA SPV-2, L.P. ("SLTA SPV") and Silver Lake Technology Associates V, L.P. ("SLTA V") of shares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of Dell Technologies Inc. (the "Issuer") to certain of their respective partners as an in-kind distribution. These securities were received in prior in-kind distributions from certain affiliates of SLTA SPV and SLTA V. Investment funds affiliated with SLTA SPV and SLTA V which hold securities of the Issuer are not distributing or selling any securities of the Issuer at this time.
F2 These securities are directly held by SLTA SPV. The general partner of SLTA SPV is SLTA SPV-2 (GP), L.L.C. ("SLTA SPV GP").
F3 These securities are directly held by SLTA V. The general partner of SLTA V is SLTA V (GP), L.L.C. ("SLTA V GP").
F4 Silver Lake Group, L.L.C. ("SLG") is the managing member of SLTA SPV GP and SLTA V GP. Egon Durban, who serves as a director of the Issuer, also serves as a Co-CEO and Managing Member of SLG. SLG may be deemed a director by deputization of the Issuer.

Remarks:

Not included on this Form 4 are an aggregate of 90,633,679 shares of the Issuer's Class B Common Stock, par value $0.01 per share, held by investment funds affiliated with SLG, which are convertible into shares of Class C Common Stock on a one-for-one basis at any time at the holder's election, and additional shares of Class C Common Stock held by Egon Durban or affiliated investment vehicles. This filing shall not be deemed an admission that the Reporting Persons are the beneficial owner of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and the Reporting Persons disclaim beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.