4//SEC Filing
SLTA V (GP), L.L.C. 4
Accession 0001193125-25-213444
CIK 0001571996other
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 4:33 PM ET
Size
61.5 KB
Accession
0001193125-25-213444
Insider Transaction Report
Form 4
Silver Lake Technology Investors V, L.P.
Director10% Owner
Transactions
- Exercise/Conversion
Class C Common Stock
2025-09-19+170,943→ 308,244 total(indirect: Held through Silver Lake Partners IV, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+2,516→ 2,516 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−95,558$12,684,369→ 212,686 total(indirect: Held through Silver Lake Partners IV, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+92,531→ 179,511 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−49,131$6,521,649→ 130,380 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−1,818$241,321→ 698 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−18,869$2,511,464→ 111,511 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−315$41,927→ 0 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−82,557$10,958,616→ 269,407 total(indirect: Held through SL SPV-2, L.P.) - Other
Class C Common Stock
2025-09-22−237,701→ 0 total(indirect: Held through SL SPV-2, L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−170,943→ 22,042,008 total(indirect: Held through Silver Lake Partners IV, L.P.)→ Class C Common Stock (170,943 underlying) - Exercise/Conversion
Class B Common Stock
2025-09-19−2,516→ 324,311 total(indirect: Held through Silver Lake Technology Investors IV, L.P.)→ Class C Common Stock (2,516 underlying) - Other
Class C Common Stock
2025-09-22−175,986→ 0 total(indirect: Held through Silver Lake Partners IV, L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−166,521→ 21,471,927 total(indirect: Held through SL SPV-2, L.P.)→ Class C Common Stock (166,521 underlying) - Sale
Class C Common Stock
2025-09-19$133.10/sh−31,706$4,220,069→ 237,701 total(indirect: Held through SL SPV-2, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−698$92,904→ 0 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−92,531→ 11,931,311 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.)→ Class C Common Stock (92,531 underlying) - Exercise/Conversion
Class B Common Stock
2025-09-19−1,134→ 146,245 total(indirect: Held through Silver Lake Technology Investors V, L.P.)→ Class C Common Stock (1,134 underlying) - Exercise/Conversion
Class C Common Stock
2025-09-19+1,134→ 1,134 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−819$108,714→ 315 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+166,521→ 351,964 total(indirect: Held through SL SPV-2, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−36,700$4,884,770→ 175,986 total(indirect: Held through Silver Lake Partners IV, L.P.) - Other
Class C Common Stock
2025-09-22−111,511→ 0 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.)
Holdings
- 4,777(indirect: Held through Silver Lake Group, L.L.C.)
Class C Common Stock
- 151,663(indirect: See footnote)
Class C Common Stock
- 44,010(indirect: See footnote)
Class C Common Stock
- 4,114(indirect: See footnote)
Class C Common Stock
- 1,086,628
Class C Common Stock
SLTA V (GP), L.L.C.
Director10% Owner
Transactions
- Exercise/Conversion
Class B Common Stock
2025-09-19−2,516→ 324,311 total(indirect: Held through Silver Lake Technology Investors IV, L.P.)→ Class C Common Stock (2,516 underlying) - Sale
Class C Common Stock
2025-09-19$132.74/sh−1,818$241,321→ 698 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−36,700$4,884,770→ 175,986 total(indirect: Held through Silver Lake Partners IV, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−315$41,927→ 0 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Other
Class C Common Stock
2025-09-22−237,701→ 0 total(indirect: Held through SL SPV-2, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+166,521→ 351,964 total(indirect: Held through SL SPV-2, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−819$108,714→ 315 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−31,706$4,220,069→ 237,701 total(indirect: Held through SL SPV-2, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−698$92,904→ 0 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Other
Class C Common Stock
2025-09-22−175,986→ 0 total(indirect: Held through Silver Lake Partners IV, L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−92,531→ 11,931,311 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.)→ Class C Common Stock (92,531 underlying) - Exercise/Conversion
Class C Common Stock
2025-09-19+2,516→ 2,516 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−18,869$2,511,464→ 111,511 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Other
Class C Common Stock
2025-09-22−111,511→ 0 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−82,557$10,958,616→ 269,407 total(indirect: Held through SL SPV-2, L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−170,943→ 22,042,008 total(indirect: Held through Silver Lake Partners IV, L.P.)→ Class C Common Stock (170,943 underlying) - Exercise/Conversion
Class C Common Stock
2025-09-19+170,943→ 308,244 total(indirect: Held through Silver Lake Partners IV, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+92,531→ 179,511 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+1,134→ 1,134 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−95,558$12,684,369→ 212,686 total(indirect: Held through Silver Lake Partners IV, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−49,131$6,521,649→ 130,380 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−166,521→ 21,471,927 total(indirect: Held through SL SPV-2, L.P.)→ Class C Common Stock (166,521 underlying) - Exercise/Conversion
Class B Common Stock
2025-09-19−1,134→ 146,245 total(indirect: Held through Silver Lake Technology Investors V, L.P.)→ Class C Common Stock (1,134 underlying)
Holdings
- 44,010(indirect: See footnote)
Class C Common Stock
- 4,777(indirect: Held through Silver Lake Group, L.L.C.)
Class C Common Stock
- 151,663(indirect: See footnote)
Class C Common Stock
- 1,086,628
Class C Common Stock
- 4,114(indirect: See footnote)
Class C Common Stock
Silver Lake Technology Associates V, L.P.
Director10% Owner
Transactions
- Other
Class C Common Stock
2025-09-22−175,986→ 0 total(indirect: Held through Silver Lake Partners IV, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+166,521→ 351,964 total(indirect: Held through SL SPV-2, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−18,869$2,511,464→ 111,511 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Other
Class C Common Stock
2025-09-22−111,511→ 0 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−166,521→ 21,471,927 total(indirect: Held through SL SPV-2, L.P.)→ Class C Common Stock (166,521 underlying) - Exercise/Conversion
Class C Common Stock
2025-09-19+170,943→ 308,244 total(indirect: Held through Silver Lake Partners IV, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+92,531→ 179,511 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−170,943→ 22,042,008 total(indirect: Held through Silver Lake Partners IV, L.P.)→ Class C Common Stock (170,943 underlying) - Exercise/Conversion
Class B Common Stock
2025-09-19−92,531→ 11,931,311 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.)→ Class C Common Stock (92,531 underlying) - Sale
Class C Common Stock
2025-09-19$132.74/sh−82,557$10,958,616→ 269,407 total(indirect: Held through SL SPV-2, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−95,558$12,684,369→ 212,686 total(indirect: Held through Silver Lake Partners IV, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−49,131$6,521,649→ 130,380 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−1,818$241,321→ 698 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−31,706$4,220,069→ 237,701 total(indirect: Held through SL SPV-2, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−36,700$4,884,770→ 175,986 total(indirect: Held through Silver Lake Partners IV, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−698$92,904→ 0 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−2,516→ 324,311 total(indirect: Held through Silver Lake Technology Investors IV, L.P.)→ Class C Common Stock (2,516 underlying) - Exercise/Conversion
Class B Common Stock
2025-09-19−1,134→ 146,245 total(indirect: Held through Silver Lake Technology Investors V, L.P.)→ Class C Common Stock (1,134 underlying) - Sale
Class C Common Stock
2025-09-19$132.74/sh−819$108,714→ 315 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−315$41,927→ 0 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Other
Class C Common Stock
2025-09-22−237,701→ 0 total(indirect: Held through SL SPV-2, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+2,516→ 2,516 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+1,134→ 1,134 total(indirect: Held through Silver Lake Technology Investors V, L.P.)
Holdings
- 4,777(indirect: Held through Silver Lake Group, L.L.C.)
Class C Common Stock
- 151,663(indirect: See footnote)
Class C Common Stock
- 1,086,628
Class C Common Stock
- 44,010(indirect: See footnote)
Class C Common Stock
- 4,114(indirect: See footnote)
Class C Common Stock
Silver Lake Partners V DE (AIV), L.P.
Director10% Owner
Transactions
- Other
Class C Common Stock
2025-09-22−111,511→ 0 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−92,531→ 11,931,311 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.)→ Class C Common Stock (92,531 underlying) - Sale
Class C Common Stock
2025-09-19$132.74/sh−95,558$12,684,369→ 212,686 total(indirect: Held through Silver Lake Partners IV, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−1,818$241,321→ 698 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−31,706$4,220,069→ 237,701 total(indirect: Held through SL SPV-2, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−36,700$4,884,770→ 175,986 total(indirect: Held through Silver Lake Partners IV, L.P.) - Other
Class C Common Stock
2025-09-22−237,701→ 0 total(indirect: Held through SL SPV-2, L.P.) - Other
Class C Common Stock
2025-09-22−175,986→ 0 total(indirect: Held through Silver Lake Partners IV, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−819$108,714→ 315 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−315$41,927→ 0 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+170,943→ 308,244 total(indirect: Held through Silver Lake Partners IV, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+92,531→ 179,511 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−49,131$6,521,649→ 130,380 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+166,521→ 351,964 total(indirect: Held through SL SPV-2, L.P.) - Sale
Class C Common Stock
2025-09-19$132.74/sh−82,557$10,958,616→ 269,407 total(indirect: Held through SL SPV-2, L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−18,869$2,511,464→ 111,511 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.) - Sale
Class C Common Stock
2025-09-19$133.10/sh−698$92,904→ 0 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−166,521→ 21,471,927 total(indirect: Held through SL SPV-2, L.P.)→ Class C Common Stock (166,521 underlying) - Exercise/Conversion
Class B Common Stock
2025-09-19−170,943→ 22,042,008 total(indirect: Held through Silver Lake Partners IV, L.P.)→ Class C Common Stock (170,943 underlying) - Exercise/Conversion
Class C Common Stock
2025-09-19+2,516→ 2,516 total(indirect: Held through Silver Lake Technology Investors IV, L.P.) - Exercise/Conversion
Class C Common Stock
2025-09-19+1,134→ 1,134 total(indirect: Held through Silver Lake Technology Investors V, L.P.) - Exercise/Conversion
Class B Common Stock
2025-09-19−2,516→ 324,311 total(indirect: Held through Silver Lake Technology Investors IV, L.P.)→ Class C Common Stock (2,516 underlying) - Exercise/Conversion
Class B Common Stock
2025-09-19−1,134→ 146,245 total(indirect: Held through Silver Lake Technology Investors V, L.P.)→ Class C Common Stock (1,134 underlying)
Holdings
- 4,777(indirect: Held through Silver Lake Group, L.L.C.)
Class C Common Stock
- 4,114(indirect: See footnote)
Class C Common Stock
- 151,663(indirect: See footnote)
Class C Common Stock
- 1,086,628
Class C Common Stock
- 44,010(indirect: See footnote)
Class C Common Stock
Footnotes (15)
- [F1]SL SPV-2, L.P. ("SPV-2"), Silver Lake Partners IV, L.P. ("SLP IV"), Silver Lake Partners V DE (AIV), L.P. ("SLP V") and certain of their respective affiliates sold certain shares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of Dell Technologies Inc. (the "Issuer") on September 19, 2025 and initiated in-kind distributions of shares of Class C Common Stock on September 22, 2025. The receipt of shares of Class C Common Stock by each of the Reporting Persons in connection with such distributions was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F10]In connection with the distributions described in footnote (1) above, pro rata distributions of certain shares were initiated to certain employees and managing members of SLG or its affiliates, including Egon Durban. This amount reflects 44,760, 25,557, 42 and 81,304 shares held by SLTA SPV-2, L.P., SLTA V, SLTA IV and SLG, respectively, on behalf of such individuals, including shares distributed in the September 22, 2025 distributions. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F11]Represents shares of Class C Common Stock held by Mr. Durban immediately following the receipt of shares in connection with the distributions of shares of Class C Common Stock on September 22, 2025. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F12]Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members, including shares received in connection with the distributions of shares of Class C Common Stock on September 22, 2025. The receipt of such shares of Class C Common Stock indirectly by Mr. Durban was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act..
- [F13]These shares of Common Stock are held by entities in which Mr. Durban may be deemed to have an indirect pecuniary interest including shares received in connection with the distributions of shares of Class C Common Stock on September 22, 2025. The receipt of such shares of Class C Common Stock indirectly by Mr. Durban was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F14]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.00 to $132.9995 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F15]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.00 to $133.58 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Each share of Class B Common Stock, par value $0.01 per share of the Issuer (the "Class B Common Stock") is convertible into one share of Class C Common Stock at any time, at the election of the holder or automatically upon certain transfers, and has no expiration date. On September 19, 2025, certain of the Reporting Persons converted shares of Class B Common Stock into an equal number of shares of Class C Common Stock in connection with the sales and distributions described in footnote (1) above.
- [F3]These securities are directly held by SPV-2. The general partner of SPV-2 is SLTA SPV-2, L.P. ("SLTA SPV") and the general partner of SLTA SPV is SLTA SPV-2 (GP), L.L.C. ("SLTA SPV GP").
- [F4]These securities are directly held by SLP IV. The general partner of SLP IV is Silver Lake Technology Associates IV, L.P. ("SLTA IV") and the general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP").
- [F5]These securities are directly held by SLP V. The general partner of SLP V is Silver Lake Technology Associates V, L.P. ("SLTA V") and the general partner of SLTA V is SLTA V (GP), L.L.C. ("SLTA V GP").
- [F6]These securities are directly held by Silver Lake Technology Investors IV, L.P. The general partner of Silver Lake Technology Investors IV, L.P. is SLTA IV and the general partner of SLTA IV is SLTA IV GP.
- [F7]These securities are directly held by Silver Lake Technology Investors V, L.P. The general partner of Silver Lake Technology Investors V, L.P. is SLTA V and the general partner of SLTA V is SLTA V GP.
- [F8]Reflects shares held by Silver Lake Group, L.L.C. ("SLG"). Shares held includes shares of Class C Common Stock received in connection with the pro rata distributions described herein on September 22, 2025. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F9]SLG is the managing member of SLTA SPV GP, SLTA IV GP and SLTA V GP. Egon Durban, who serves as a director of the Issuer, also serves as a Co-CEO and Managing Member of SLG. Each of the Reporting Persons may be deemed a director by deputization of the Issuer.
Documents
Issuer
Dell Technologies Inc.
CIK 0001571996
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001737652
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 4:33 PM ET
- Size
- 61.5 KB