secwatch.observer — SEC 8-K summary
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Issuer:     Dell Technologies Inc. (DELL)
CIK:        0001571996
Form:       8-K
Filed at:   2024-01-18T23:59:59+00:00
Accession:  0001571996-24-000002
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Dell issues 4.6M Class C shares on conversion of Silver Lake Class B stock
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- On Jan 12 and 16, 2024, Dell issued 321,561 and 4,253,469 Class C shares, respectively, upon 1:1 conversion of Class B held by Silver Lake Funds.
- Silver Lake reported conversions were for pro rata distributions to participants and, in some cases, sales of the shares.
- Before conversions, Class C shares outstanding were 262,220,998; new Class C shares represent ~1.7% increase.
- Issuance exempt from registration under Securities Act Section 3(a)(9); no commission paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571996/000157199624000002/0001571996-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571996/000157199624000002/dell-20240116.htm
  HTML page:      https://secwatch.observer/filing/0001571996-24-000002

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