Tim James O'Brien - Jul 20, 2021 Form 4 Insider Report for N-able, Inc. (NABL)

Role: EVP, Chief Financial Officer
Signature: /s/ Peter Anastos Attorney-in-Fact for Timothy O'Brien
Stock symbol: NABL
Transactions as of: Jul 20, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/22/2021, 08:49 PM
Previous filing: Jun 25, 2021
Next filing: Jul 28, 2021

Transactions Table

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	+137K	+710.35%	$0.00	157K	Jul 20, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 19,355 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. 2,000 of these shares are restricted shares that will vest on September 26, 2022, subject to continued service through the vesting date.

Content

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.

Includes 19,355 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. 2,000 of these shares are restricted shares that will vest on September 26, 2022, subject to continued service through the vesting date.