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

Signature
/s/ Jason W. Bliss Attorney-in-Fact for Andrea Webb
Stock symbol
SWI
Transactions as of
Aug 22, 2024
Transactions value $
-$741,316
Form type
4
Date filed
8/26/2024, 04:17 PM
Previous filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWI Common Stock Sale -$17.6K -1.4K -0.18% $12.52 763K Aug 22, 2024 Direct F1, F2
transaction SWI Common Stock Sale -$724K -57.9K -7.59% $12.50 705K Aug 23, 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.