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Dell Technologies | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC ·  Mar 22 07:52

Summary by Futu AI

Silver Lake Management Company V, L.L.C., associated with Dell Technologies Inc., is set to sell 3,217 shares of Dell's Class C Common Stock on 03/21/2024, with an aggregate market value of $357,312.19. The shares to be sold were acquired through a series of pro rata in-kind distributions from affiliates, following the conversion of Class B Common Stock, which was initially acquired in 2019 or earlier. The most recent acquisitions of these shares occurred between July 2023 and March 2024, with varying amounts received on different dates from Silver Lake Technology Associates V, L.P. and SLTA SPV-2, L.P. This planned transaction follows a significant sales activity by the reporting entity over the past three months, where a total of 9,616,046 securities were sold, amounting to gross proceeds of approximately $986.58 million.
Silver Lake Management Company V, L.L.C., associated with Dell Technologies Inc., is set to sell 3,217 shares of Dell's Class C Common Stock on 03/21/2024, with an aggregate market value of $357,312.19. The shares to be sold were acquired through a series of pro rata in-kind distributions from affiliates, following the conversion of Class B Common Stock, which was initially acquired in 2019 or earlier. The most recent acquisitions of these shares occurred between July 2023 and March 2024, with varying amounts received on different dates from Silver Lake Technology Associates V, L.P. and SLTA SPV-2, L.P. This planned transaction follows a significant sales activity by the reporting entity over the past three months, where a total of 9,616,046 securities were sold, amounting to gross proceeds of approximately $986.58 million.

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