Silver Lake Group, L.L.C. - 16 Jul 2024 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.
Issuer symbol
DELL
Transactions as of
16 Jul 2024
Net transactions value
-$3,411,664
Form type
4
Filing time
18 Jul 2024, 16:30:04 UTC
Previous filing
07 Dec 2023
Next filing
11 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DELL Class C Common Stock Sale $2,457,579 -18,321 -7.9% $134.14 214,125 16 Jul 2024 Held through Silver Lake Group, L.L.C. F1, F6, F9
transaction DELL Class C Common Stock Sale $755,953 -5,586 -2.6% $135.33 208,539 16 Jul 2024 Held through Silver Lake Group, L.L.C. F1, F6, F10
transaction DELL Class C Common Stock Sale $151,578 -1,130 -77% $134.14 344 16 Jul 2024 See footnote F2, F9
transaction DELL Class C Common Stock Sale $46,554 -344 -100% $135.33 0 16 Jul 2024 See footnote F2, F10
holding DELL Class C Common Stock 136,942 16 Jul 2024 Held through SLTA SPV-2, L.P. F3, F6
holding DELL Class C Common Stock 81,026 16 Jul 2024 Held through Silver Lake Technology Associates V, L.P. F4, F6
holding DELL Class C Common Stock 5,017 16 Jul 2024 Held through Silver Lake Technology Associates IV, L.P. F5, F6
holding DELL Class C Common Stock 787,669 16 Jul 2024 Direct F7
holding DELL Class C Common Stock 29,013 16 Jul 2024 See footnote F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares held by Silver Lake Group, L.L.C. ("SLG").
F2 These shares of Common Stock are held by entities in which Mr. Egon Durban may be deemed to have an indirect pecuniary interest.
F3 These shares of Class C Common Stock are held by SLTA SPV-2, L.P. ("SLTA SPV"), the general partner of which is SLTA SPV-2 (GP), L.L.C. ("SLTA SPV GP").
F4 These shares of Class C Common Stock are held by Silver Lake Technology Associates V, L.P. ("SLTA V"), the general partner of which is SLTA V (GP), L.L.C. ("SLTA V GP").
F5 These shares of Class C Common Stock are held by Silver Lake Technology Associates IV, L.P. ("SLTA IV"), the general partner of which is SLTA IV (GP), L.L.C. ("SLTA IV GP").
F6 SLG is the managing member of SLTA SPV GP, SLTA IV 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. Each of the reporting persons may be deemed a director by deputization of the Issuer.
F7 Represents shares of Class C Common Stock held by Mr. Egon Durban.
F8 Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.1374 to $135.1350, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.14 to $135.52, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.