Silver Lake Group, L.L.C. - Dec 5, 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.
Stock symbol
DELL
Transactions as of
Dec 5, 2023
Transactions value $
$0
Form type
4
Date filed
12/7/2023, 04:30 PM
Previous filing
Sep 15, 2023
Next filing
Jul 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DELL Class C Common Stock Other $0 -120K -100% $0.00* 0 Dec 5, 2023 Direct F1
holding DELL Class C Common Stock 7.54K Dec 5, 2023 Held through SLTA SPV-2, L.P. F2, F4
holding DELL Class C Common Stock 4.39K Dec 5, 2023 Held through Silver Lake Technology Associates V, L.P. F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are directly owned by Silver Lake Group, L.L.C. ("SLG"). Such securities were received in prior in-kind distributions from certain affiliates of SLG. Represents a distribution by SLG 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 its members as an in-kind distribution. Investment funds affiliated with SLG which hold securities of the Issuer are not distributing any securities of the Issuer at this time.
F2 These securities are directly held by SLTA SPV-2, L.P. ("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 Silver Lake Technology Associates V, L.P. ("SLTA V"). The general partner of SLTA V is SLTA V (GP), L.L.C. ("SLTA V GP").
F4 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 SLG or its affiliated investment funds, 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 Person is the beneficial owner of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and the Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.