Silver Lake Files 13D/A Amendment for Dell Technologies

TL;DR

Silver Lake updated its Dell stake filing. Keep an eye on Dell.

AI Summary

Silver Lake Group, L.L.C. filed an amendment to its Schedule 13D on July 10, 2024, regarding its beneficial ownership of Dell Technologies Inc. The filing indicates a change in the reporting person's holdings, though specific new percentages or dollar amounts are not detailed in this excerpt. Silver Lake Group, L.L.C. is a significant investment firm based in Menlo Park, California.

Why It Matters

This filing updates the market on Silver Lake's stake in Dell Technologies, potentially signaling shifts in investment strategy or ownership structure that could influence the company's stock.

Risk Assessment

Risk Level: medium — Schedule 13D filings, especially amendments, can indicate significant changes in major shareholder positions, which may impact stock price and corporate strategy.

Key Players & Entities

• Silver Lake Group, L.L.C. (company) — Filing entity
• Dell Technologies Inc. (company) — Subject company
• 20240710 (date) — Filing date
• 2775 SAND HILL ROAD, SUITE 100 (address) — Silver Lake Group's business address
• ONE DELL WAY (address) — Dell Technologies' business address

FAQ

Key Financial Figures

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

Filing Documents

• d863704dsc13da.htm (SC 13D/A) — 325KB
• 0001193125-24-177358.txt ( ) — 327KB

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 67,131,936 shares of the Issuers Class C Common Stock, which constitutes approximately 9.5% of the total outstanding common stock of the Issuer, based on 709,304,133 shares of common stock outstanding in the aggregate as of June 4, 2024 as set forth in the Issuers Quarterly Report on Form 10-Q, filed on June 11, 2024. 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 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 incorporation,

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: July 10, 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 Silv

View Full Filing

View this SC 13D/A filing on SEC EDGAR