Andrea Webb - 22 Aug 2024 Form 4 Insider Report for SolarWinds Corp (SWI)

Signature
/s/ Jason W. Bliss Attorney-in-Fact for Andrea Webb
Issuer symbol
SWI
Transactions as of
22 Aug 2024
Net transactions value
-$741,316
Form type
4
Filing time
26 Aug 2024, 16:17:07 UTC
Previous filing
19 Aug 2024
Next filing
04 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWI Common Stock Sale $17,578 -1,404 -0.18% $12.52 763,334 22 Aug 2024 Direct F1, F2
transaction SWI Common Stock Sale $723,738 -57,899 -7.6% $12.50 705,435 23 Aug 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a 10b5-1 trading plan adopted by the reporting person on May 22, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $12.50 to $12.53, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold and each separate price within the ranges set forth in this footnote.