John Pagliuca - Jul 26, 2021 Form 4 Insider Report for N-able, Inc. (NABL)

Role: President and CEO, Director
Signature: /s/ Peter Anastos Attorney-in-Fact for John Pagliuca
Stock symbol: NABL
Transactions as of: Jul 26, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/28/2021, 09:54 PM
Previous filing: Jul 22, 2021
Next filing: Aug 17, 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	+245K	+55.62%	$0.00	687K	Jul 26, 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units ("RSUs") of SolarWinds Corporation ("SolarWinds") assumed by Issuer in connection with the spin-off of Issuer from SolarWinds completed on July 19, 2021 and converted into RSUs of Issuer, with the reporting person receiving a number of Issuer RSUs equal to the number of SolarWinds RSUs multiplied by 1.3162 (rounded down to the nearest whole number of shares). The RSUs vest as follows: (a) 11,464 vest on February 1, 2022, (b) with respect to 36,853 RSUs, 18,426 vest on October 23, 2021 and 18,427 vest on October 23, 2022, (c) with respect to 81,688 RSUs, 9.09% vest each quarter over the following eleven quarters on the vesting dates of May 15, August 15, November 15 and February 15, (d) with respect to 108,023 RSUs, 54,011 vest on February 15, 2022 and 54,012 vest on February 15, 2023 and (e) 7,372 vest on February 15, 2022, in each case subject to continued service through each applicable date.

Content

Reflects restricted stock units ("RSUs") of SolarWinds Corporation ("SolarWinds") assumed by Issuer in connection with the spin-off of Issuer from SolarWinds completed on July 19, 2021 and converted into RSUs of Issuer, with the reporting person receiving a number of Issuer RSUs equal to the number of SolarWinds RSUs multiplied by 1.3162 (rounded down to the nearest whole number of shares). The RSUs vest as follows: (a) 11,464 vest on February 1, 2022, (b) with respect to 36,853 RSUs, 18,426 vest on October 23, 2021 and 18,427 vest on October 23, 2022, (c) with respect to 81,688 RSUs, 9.09% vest each quarter over the following eleven quarters on the vesting dates of May 15, August 15, November 15 and February 15, (d) with respect to 108,023 RSUs, 54,011 vest on February 15, 2022 and 54,012 vest on February 15, 2023 and (e) 7,372 vest on February 15, 2022, in each case subject to continued service through each applicable date.