Andrea Webb - 13 Feb 2024 Form 4 Insider Report for SolarWinds Corp (SWI)

Role
EVP, Chief Customer Officer
Signature
/s/ Jason W. Bliss Attorney-in-Fact for Andrea Webb
Issuer symbol
SWI
Transactions as of
13 Feb 2024
Net transactions value
-$249,776
Form type
4
Filing time
15 Feb 2024, 16:24:32 UTC
Previous filing
17 Nov 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWI Common Stock Award $0 +215,516 +46% $0.000000 684,994 13 Feb 2024 Direct F1
transaction SWI Common Stock Award $0 +21,551 +3.1% $0.000000 706,545 13 Feb 2024 Direct F1
transaction SWI Common Stock Tax liability $227,401 -17,948 -2.5% $12.67 688,597 13 Feb 2024 Direct F2
transaction SWI Common Stock Tax liability $22,375 -1,766 -0.26% $12.67 686,831 13 Feb 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance share units awarded pursuant to the issuer's 2018 Equity Incentive Plan for which performance criteria has been satisfied that entitle the reporting person to receive one share of the issuer's common stock per performance share unit upon vesting. The performance share units vest 1/3rd on February 13, 2024 and 1/12th per quarter over the following eight quarters commencing on May 15, 2024, subject to continued service through each applicable date.
F2 Represents the number of shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of performance share units.