Silver Lake Files SC 13D/A for Dell Technologies

TL;DR

Silver Lake updated its Dell stake filing on 6/5/24. Watch for potential moves.

AI Summary

Silver Lake Group, L.L.C. and its affiliates filed an SC 13D/A on June 5, 2024, related to their holdings in Dell Technologies Inc. The filing indicates a change in beneficial ownership, though specific new stakes or dollar amounts are not detailed in this excerpt. The filing is an amendment to a previous filing, suggesting ongoing activity or adjustments to their investment in Dell.

Why It Matters

This filing signals potential shifts in significant shareholder positions, which could influence Dell's stock performance and corporate strategy.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings by major investors like Silver Lake can indicate strategic shifts or potential future actions that may impact the stock.

Key Players & Entities

• Silver Lake Group, L.L.C. (company) — Filing entity
• Dell Technologies Inc. (company) — Subject company
• 20240605 (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

• d838644dsc13da.htm (SC 13D/A) — 255KB
• 0001193125-24-154716.txt ( ) — 257KB

of the

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 72,305,229 shares of the Issuers Class C Common Stock, which constitutes approximately 10.2% of the total outstanding common stock of the Issuer, based on 710,455,138 shares of common stock outstanding in the aggregate as of May 1, 2024 as set forth in the Issuers Proxy Statement on Schedule 14A, filed on May 17, 2024. Issuers amended and restated certificate of incorporation, each holder of record of: (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 14 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 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 otherwise be provided in the Issuers certificate of incorp

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: June 5, 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 Silver Lake

View Full Filing

View this SC 13D/A filing on SEC EDGAR