Key facts
- This page summarizes Sudhakar Ramakrishna's Form 4 filing for SolarWinds Corp (SWI).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 06 Jan 2022, 15:07.
Sudhakar Ramakrishna - 04 Jan 2022 Form 4 Insider Report for SolarWinds Corp (SWI)
- Reporting relationship
- CEO & President, Director
- Issuer ticker
- SWI
- Reported as of
- 04 Jan 2022
- Net transaction value
- -$932,861
- SEC form
- 4
- Accepted by SEC
- 06 Jan 2022, 15:07:32 UTC
- Prior SEC filing
- 19 Oct 2021
- Next SEC filing
- 17 Feb 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jason W. Bliss, General Counsel (attorney-in-fact) for Sudhakar Ramakrishna
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Sudhakar Ramakrishna filed Form 4 for SolarWinds Corp (SWI) on 06 Jan 2022.
Change
- Previous filing in this sequence was filed on 19 Oct 2021.
- Current net transaction value: -$932,861.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SWI
transaction
Common Stock
Tax liability
- Transaction value
- $932,861
- Shares
- -65,880
- Change %
- -5.8%
- Price
- $14.16
- Shares after
- 1,069,676
- Date
- 04 Jan 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Represents the number of shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units.
Footnote F2
On July 19, 2021, the Issuer announced the completion of the spin-off of its N-able business. In connection with the spin-off, outstanding Issuer restricted stock units were adjusted such that each restricted stock unit award was converted into 1.5744 restricted stock units. The table above reflects the number of restricted stock units, as adjusted for the spin-off.
Footnote 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.
Footnote F4
On July 30, 2021, the Issuer's Board of Directors declared a special cash dividend, payable on August 9, 2021. As a result, pursuant to the anti-dilution provisions of the Issuer's 2018 Equity Incentive Plan, outstanding restricted stock units were adjusted such that each restricted stock unit awarded to the reporting person was converted into 1.0862 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 special cash dividend.