Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NABL | Common Stock, par value $0.001 per share | Award | $0 | +344K | +352.68% | $0.00 | 441K | Jul 20, 2021 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Represents restricted stock units awarded pursuant to the Company's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the Company's common stock per restricted stock unit upon vesting. The restricted stock units vest 25% on February 15, 2022, and 6.25% per fiscal quarter over the following 12 fiscal quarters, subject to continued service through each applicable date. |
F2 | Includes 97,459 shares that were received by the reporting person in connection with the separation and distribution transaction that was consummated on July 19, 2021, pursuant to which N-able, Inc. (the"Company") was spun-off from its parent company, SolarWinds Corporation ("SolarWinds"), and shareholders of SolarWinds, including the reporting person, received one share of common stock of the Company for every two shares of common stock of SolarWinds held by that person. 19,500 of these shares are restricted shares that will vest on March 20, 2022, subject to continued service through the vesting date. |