Peter Anastos - 15 Feb 2023 Form 4 Insider Report for N-able, Inc. (NABL)

Role: EVP, GC, Secretary
Signature: /s/ Kate Salley, Attorney-in-Fact for Peter Anastos
Issuer symbol: NABL
Transactions as of: 15 Feb 2023
Transactions value $: -$121,602
Form type: 4
Filing time: 17 Feb 2023, 15:41:50 UTC
Previous filing: 16 Feb 2023
Next filing: 17 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NABL	Common Stock, par value $0.001 per share	Award	$0	+60.9K	+23.2%	$0.00	323K	15 Feb 2023	Direct	F1
transaction	NABL	Common Stock, par value $0.001 per share	Tax liability	-$122K	-11.7K	-3.62%	$10.38	312K	15 Feb 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units awarded pursuant to the issuer's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the issuer's common stock per restricted stock unit upon vesting. The restricted stock units vest 25% on the anniversary of February 15, 2023 and 6.25% per quarter over the following twelve quarters on the respective quarterly vesting dates of May 15, August 15, November 15 and February 15, subject to continued service through each applicable date.
F2	Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of performance stock units and restricted stock units.

Content

Represents restricted stock units awarded pursuant to the issuer's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the issuer's common stock per restricted stock unit upon vesting. The restricted stock units vest 25% on the anniversary of February 15, 2023 and 6.25% per quarter over the following twelve quarters on the respective quarterly vesting dates of May 15, August 15, November 15 and February 15, subject to continued service through each applicable date.

Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of performance stock units and restricted stock units.