David Gardiner - Aug 15, 2021 Form 4 Insider Report for SolarWinds Corp (SWI)

Role
EVP, Chief Revenue Officer
Signature
/s/ Jason W. Bliss Attorney-in-Fact for David Gardiner
Stock symbol
SWI
Transactions as of
Aug 15, 2021
Transactions value $
-$39,566
Form type
4
Date filed
8/17/2021, 05:06 PM
Previous filing
May 25, 2021
Next filing
Oct 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWI Common Stock Tax liability -$39.6K -2.14K -0.34% $18.48 632K Aug 15, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units.
F2 On July 20, 2021, the Issuer announced the completion of the spin-off of its N-able business on July 19, 2021. In connection with the spin-off, outstanding Issuer restricted stock units were adjusted such that each restricted stock unit awarded to the reporting person was converted into 1.5744 restricted stock units. The number of securities beneficially owned has been adjusted to reflect the inclusion of such restricted stock units, as adjusted in connection with the spin-off.
F3 The number of securities beneficially owned has been adjusted to reflect the 1-for-2 reverse stock split effected by the Issuer on July 30, 2021.