Silver Lake Amends Dell Stake Filing

TL;DR

Silver Lake updated their Dell ownership filing on 3/22. No major changes mentioned.

AI Summary

Silver Lake Group, L.L.C. and its affiliates have filed an amended SC 13D, indicating a change in their beneficial ownership of Dell Technologies Inc. as of March 22, 2024. The filing details various Silver Lake entities involved in the ownership structure. No specific dollar amounts or percentage changes were detailed in this excerpt.

Why It Matters

This filing updates the market on Silver Lake's significant investment in Dell Technologies, potentially signaling shifts in their strategy or holdings.

Risk Assessment

Risk Level: low — This is a routine amendment to a previous filing and does not indicate new or unusual activity.

Key Players & Entities

• Silver Lake Group, L.L.C. (company) — Filing entity
• Dell Technologies Inc. (company) — Subject company
• 20240322 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — suer) Class C Common Stock, par value $0.01 per share (Title of Class of Securiti

Filing Documents

• d812106dsc13da.htm (SC 13D/A) — 286KB
• 0001193125-24-075561.txt ( ) — 288KB

of the Schedule 13D is hereby amended and supplemented as follows

Item 2 of the Schedule 13D is hereby amended and supplemented as follows: The information set forth in amended and restated Annex A hereto is incorporated by reference in this amended Item 2. Item5. Interest in Securities of the Issuer

(a) (c) of the Schedule 13D is hereby amended and restated as follows

Item 5(a) (c) of the Schedule 13D is hereby amended and restated as follows: The information contained in rows 7, 8, 9, 10, 11 and 13 on each of the cover pages of this Schedule 13D and the information set forth or incorporated in Items 2, 3 and 6 is incorporated by reference in its entirety into this Item 5. (a) (b) The Reporting Persons may be deemed to beneficially own an aggregate of 76,734,366 shares of the Issuers Class C Common Stock, which constitutes approximately 10.9% of the total outstanding common stock of the Issuer, based on 706,335,200 shares of common stock outstanding in the aggregate as set forth in the Issuers Quarterly Report on Form 10-Q, filed on December 8, 2023 and the Issuers Periodic Report on Form 8-K filed on January 18, 2024. (1) Class A Common Stock is entitled to 10 votes per share of Class A Common Stock; (2) Class B Common Stock is entitled to 10 votes per share of Class B Common Stock; (3) Class C Common Stock is entitled to one vote per share of Class C Common Stock; and (4) Class D Common Stock is not entitled to any vote on any matter except to the extent required by provisions of Delaware law (in which case such holder is entitled to one vote per share of Class D Common Stock), in the case of each of (1) through (4), which is outstanding in such holders name on the books of the Issuer and which is entitled to vote. The board of directors of the Issuer has a class consisting of the 14 Group I Directors and a class consisting of the Group IV Directors (each as defined in the Issuers certificate of incorporation, as amended). The holders of shares of all series of common stock outstanding will vote as one class with respect to the election of all Group I Directors and the holders of Class C Common Stock will vote separately as a series with respect to the election of the Group IV Director. Except as may otherw

Signatures

Signatures After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: March 22, 2024 SL SPV-2, L.P. By: SLTA SPV-2, L.P., its general partner By: SLTA SPV-2 (GP), L.L.C., its general partner By: Silver Lake Group, L.L.C., its managing member By: /s/ Andrew J. Schader Name: Andrew J. Schader Title: Managing Director and General Counsel SLTA SPV-2, L.P. By: SLTA SPV-2 (GP), L.L.C., its general partner By: Silver Lake Group, L.L.C., its managing member By: /s/ Andrew J. Schader Name: Andrew J. Schader Title: Managing Director and General Counsel SLTA SPV-2 (GP), L.L.C. By: Silver Lake Group, L.L.C., its managing member By: /s/ Andrew J. Schader Name: Andrew J. Schader Title: Managing Director and General Counsel Silver Lake Partners IV, L.P. By: Silver Lake Technology Associates IV, L.P., its general partner By: SLTA IV (GP), L.L.C., its general partner By: Silver Lake Group, L.L.C., its managing member By: /s/ Andrew J. Schader Name: Andrew J. Schader Title: Managing Director and General Counsel Silver Lake Technology Investors IV, L.P. By: Silver Lake Technology Associates IV, L.P., its general partner By: SLTA IV (GP), L.L.C., its general partner By: Silver Lake Group, L.L.C., its managing member By: /s/ Andrew J. Schader Name: Andrew J. Schader Title: Managing Director and General Counsel Silver Lake Technology Associates IV, L.P. By: SLTA IV (GP), L.L.C., its general partner By: Silver Lake Group, L.L.C., its managing member By: /s/ Andrew J. Schader Name: Andrew J. Schader Title: Managing Director and General Counsel SLTA IV (GP), L.L.C. By: Silver Lake Group, L.L.C., its managing member By: /s/ Andrew J. Schader Name: Andrew J. Schader Title: Managing Director and General Counsel Sil

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View this SC 13D/A filing on SEC EDGAR