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Dell Technologies | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Silver Lake Group, L.L.C.(21.7%),Silver Lake Technology Associates IV, L.P.(9.9%), etc.

SEC announcement ·  Mar 23 08:08
Summary by Futu AI
On March 22, 2024, a group of related entities led by Silver Lake Group, L.L.C. filed an amendment to their Schedule 13D with the SEC, disclosing recent transactions involving Dell Technologies Inc.'s Class C Common Stock. The filing entities, including SL SPV-2, L.P., SLTA SPV-2, L.P., and several others, reported the sale of 3,804,964 shares and initiated distributions of 1,352,622 shares to their equity holders from March 13, 2024, through March 22, 2024. These transactions involved the conversion of Class B Common Stock into Class C Common Stock. As a result, the reporting entities collectively own approximately 10.9% of Dell's outstanding common stock, which translates to about 16.7% of the combined voting power. The filing also detailed individual transactions by managing members of Silver Lake Group, including sales and donations of shares. This amendment updates previous filings dating back to February 19, 2019, and provides comprehensive details on the ownership and transactions of Dell Technologies' securities by the reporting entities.
On March 22, 2024, a group of related entities led by Silver Lake Group, L.L.C. filed an amendment to their Schedule 13D with the SEC, disclosing recent transactions involving Dell Technologies Inc.'s Class C Common Stock. The filing entities, including SL SPV-2, L.P., SLTA SPV-2, L.P., and several others, reported the sale of 3,804,964 shares and initiated distributions of 1,352,622 shares to their equity holders from March 13, 2024, through March 22, 2024. These transactions involved the conversion of Class B Common Stock into Class C Common Stock. As a result, the reporting entities collectively own approximately 10.9% of Dell's outstanding common stock, which translates to about 16.7% of the combined voting power. The filing also detailed individual transactions by managing members of Silver Lake Group, including sales and donations of shares. This amendment updates previous filings dating back to February 19, 2019, and provides comprehensive details on the ownership and transactions of Dell Technologies' securities by the reporting entities.
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