| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| SLTA IV (GP), L.L.C. | Director, 10%+ Owner | C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK | By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C. | 03 Oct 2025 | 0001672568 |
| Silver Lake Group, L.L.C. | Director, 10%+ Owner | C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK | By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA IV (GP), L.L.C. | 03 Oct 2025 | 0001418226 |
| Silver Lake Technology Associates IV, L.P. | Director, 10%+ Owner | C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK | By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA IV (GP), L.L.C., general partner of Silver Lake Technology Associates IV, L.P. | 03 Oct 2025 | 0001672566 |
| Silver Lake Partners IV, L.P. | Director, 10%+ Owner | C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK | By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA IV (GP), L.L.C., general partner of Silver Lake Technology Associates IV, L.P., general partner of Silver Lake Partners IV, L.P. | 03 Oct 2025 | 0001552054 |
| Silver Lake Technology Investors IV, L.P. | Director, 10%+ Owner | C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK | By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA IV (GP), L.L.C., GP of Silver Lake Technology Associates IV, L.P., GP of Silver Lake Technology Investors IV, L.P. | 03 Oct 2025 | 0001672565 |
| SLTA SPV-2 (GP), L.L.C. | Director, 10%+ Owner | C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK | By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA SPV-2 (GP), L.L.C. | 03 Oct 2025 | 0001767116 |
| SLTA SPV-2, L.P. | Director, 10%+ Owner | C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK | By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA SPV-2 (GP), L.L.C., general partner of SLTA SPV-2, L.P. | 03 Oct 2025 | 0001767115 |
| SL SPV-2, L.P. | Director, 10%+ Owner | C/O SILVER LAKE,, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK | By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA SPV-2 (GP), L.L.C., general partner of SLTA SPV-2, L.P., general partner of SL SPV-2, L.P. | 03 Oct 2025 | 0001767114 |
| Durban Egon | Director | C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK | By: /s/ Justin G. Hamill, Attorney-in-fact for Egon Durban | 03 Oct 2025 | 0001651403 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DELL | Class C Common Stock | Options Exercise | +267,571 | 267,571 | 01 Oct 2025 | Held through SL SPV-2, L.P. | F1, F2, F3, F8 | |||
| transaction | DELL | Class C Common Stock | Options Exercise | +274,674 | 274,674 | 01 Oct 2025 | Held through Silver Lake Partners IV, L.P. | F1, F2, F4, F8 | |||
| transaction | DELL | Class C Common Stock | Options Exercise | +148,681 | 148,681 | 01 Oct 2025 | Held through Silver Lake Partners V DE (AIV), L.P. | F1, F2, F5, F8 | |||
| transaction | DELL | Class C Common Stock | Options Exercise | +4,041 | 4,041 | 01 Oct 2025 | Held through Silver Lake Technology Investors IV, L.P. | F1, F2, F6, F8 | |||
| transaction | DELL | Class C Common Stock | Options Exercise | +1,822 | 1,822 | 01 Oct 2025 | Held through Silver Lake Technology Investors V, L.P. | F1, F2, F7, F8 | |||
| transaction | DELL | Class C Common Stock | Sale | $5,900,337 | -40,541 | -15% | $145.54 | 227,030 | 01 Oct 2025 | Held through SL SPV-2, L.P. | F3, F8, F12 |
| transaction | DELL | Class C Common Stock | Sale | $6,800,065 | -46,723 | -17% | $145.54 | 227,951 | 01 Oct 2025 | Held through Silver Lake Partners IV, L.P. | F4, F8, F12 |
| transaction | DELL | Class C Common Stock | Sale | $3,488,303 | -23,968 | -16% | $145.54 | 124,713 | 01 Oct 2025 | Held through Silver Lake Partners V DE (AIV), L.P. | F5, F8, F12 |
| transaction | DELL | Class C Common Stock | Sale | $129,822 | -892 | -22% | $145.54 | 3,149 | 01 Oct 2025 | Held through Silver Lake Technology Investors IV, L.P. | F6, F8, F12 |
| transaction | DELL | Class C Common Stock | Sale | $58,507 | -402 | -22% | $145.54 | 1,420 | 01 Oct 2025 | Held through Silver Lake Technology Investors V, L.P. | F7, F8, F12 |
| transaction | DELL | Class C Common Stock | Sale | $9,481,076 | -64,788 | -29% | $146.34 | 162,242 | 01 Oct 2025 | Held through SL SPV-2, L.P. | F3, F8, F13 |
| transaction | DELL | Class C Common Stock | Sale | $10,926,769 | -74,667 | -33% | $146.34 | 153,284 | 01 Oct 2025 | Held through Silver Lake Partners IV, L.P. | F4, F8, F13 |
| transaction | DELL | Class C Common Stock | Sale | $5,605,261 | -38,303 | -31% | $146.34 | 86,410 | 01 Oct 2025 | Held through Silver Lake Partners V DE (AIV), L.P. | F5, F8, F13 |
| transaction | DELL | Class C Common Stock | Sale | $208,534 | -1,425 | -45% | $146.34 | 1,725 | 01 Oct 2025 | Held through Silver Lake Technology Investors IV, L.P. | F6, F8, F13 |
| transaction | DELL | Class C Common Stock | Sale | $93,950 | -642 | -45% | $146.34 | 777 | 01 Oct 2025 | Held through Silver Lake Technology Investors V, L.P. | F7, F8, F13 |
| holding | DELL | Class C Common Stock | 206,873 | 01 Oct 2025 | See footnote | F9 | |||||
| holding | DELL | Class C Common Stock | 1,132,134 | 01 Oct 2025 | Direct | F10 | |||||
| holding | DELL | Class C Common Stock | 45,396 | 01 Oct 2025 | See footnote | F11 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DELL | Class B Common Stock | Options Exercise | $0 | -267,571 | -1.3% | $0.000000 | 20,772,387 | 01 Oct 2025 | Class C Common Stock | 267,571 | Held through SL SPV-2, L.P. | F1, F2, F3, F8 | |
| transaction | DELL | Class B Common Stock | Options Exercise | $0 | -274,674 | -1.3% | $0.000000 | 21,323,896 | 01 Oct 2025 | Class C Common Stock | 274,674 | Held through Silver Lake Partners IV, L.P. | F1, F2, F4, F8 | |
| transaction | DELL | Class B Common Stock | Options Exercise | $0 | -148,681 | -1.3% | $0.000000 | 11,542,598 | 01 Oct 2025 | Class C Common Stock | 148,681 | Held through Silver Lake Partners V DE (AIV), L.P. | F1, F2, F5, F8 | |
| transaction | DELL | Class B Common Stock | Options Exercise | $0 | -4,041 | -1.3% | $0.000000 | 313,746 | 01 Oct 2025 | Class C Common Stock | 4,041 | Held through Silver Lake Technology Investors IV, L.P. | F1, F2, F6, F8 | |
| transaction | DELL | Class B Common Stock | Options Exercise | $0 | -1,822 | -1.3% | $0.000000 | 141,481 | 01 Oct 2025 | Class C Common Stock | 1,822 | Held through Silver Lake Technology Investors V, L.P. | F1, F2, F7, F8 |
| Id | Content |
|---|---|
| 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 October 1, 2025 and initiated in-kind distributions of shares of Class C Common Stock on October 2, 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. |
| 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 October 1, 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 | Silver Lake Group, L.L.C. ("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. |
| F9 | 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 55,147, 31,825, 62 and 119,839 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 October 2, 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. |
| F10 | 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 October 2, 2025. 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 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 October 2, 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. |
| F12 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.9592 to $145.9590 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. |
| F13 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.9594 to $146.9582 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. |
The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any. Because no more than 10 reporting persons can file any one Form 4 through the Securities and Exchange Commission's EDGAR system, certain affiliates of the Reporting Persons have filed a separate Form 4. Because no more than 30 transactions can be listed on each Table of the Form 4 filing, the Reporting Persons have filed a separate Form 4 reporting additional transactions.