Frank Colletti - 27 Feb 2023 Form 4 Insider Report for N-able, Inc. (NABL)

Role
Exec VP, Worldwide Sales
Signature
/s/ Kate Salley, Attorney-in-Fact for Frank Colletti
Issuer symbol
NABL
Transactions as of
27 Feb 2023
Net transactions value
-$283,961
Form type
4
Filing time
28 Feb 2023, 15:43:48 UTC
Previous filing
17 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 Options Exercise $2,263 +5,262 +1.4% $0.4300* 390,472 27 Feb 2023 Direct
transaction NABL Common Stock, par value $0.001 per share Options Exercise $8,250 +14,473 +3.7% $0.5700* 404,945 27 Feb 2023 Direct
transaction NABL Common Stock, par value $0.001 per share Options Exercise $10,530 +6,581 +1.6% $1.60* 411,526 27 Feb 2023 Direct
transaction NABL Common Stock, par value $0.001 per share Sale $305,002 -26,316 -6.4% $11.59 385,210 27 Feb 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NABL Stock Option Options Exercise $0 -1,447 -100% $0.000000* 0 27 Feb 2023 Common Stock 1,447 $0.5700 Direct
transaction NABL Stock Option Options Exercise $0 -6,581 -100% $0.000000* 0 27 Feb 2023 Common Stock 6,581 $1.60 Direct F2
transaction NABL Stock Option Options Exercise $0 -658 -100% $0.000000* 0 27 Feb 2023 Common Stock 658 $0.4300 Direct F3
transaction NABL Stock Option Options Exercise $0 -1,447 -100% $0.000000* 0 27 Feb 2023 Common Stock 1,447 $0.5700 Direct F3
transaction NABL Stock Option Options Exercise $0 -329 -100% $0.000000* 0 27 Feb 2023 Common Stock 329 $0.4300 Direct F3
transaction NABL Stock Option Options Exercise $0 -723 -100% $0.000000* 0 27 Feb 2023 Common Stock 723 $0.5700 Direct F3
transaction NABL Stock Option Options Exercise $0 -329 -100% $0.000000* 0 27 Feb 2023 Common Stock 329 $0.4300 Direct F3
transaction NABL Stock Option Options Exercise $0 -723 -100% $0.000000* 0 27 Feb 2023 Common Stock 723 $0.5700 Direct F3
transaction NABL Stock Option Options Exercise $0 -460 -100% $0.000000* 0 27 Feb 2023 Common Stock 460 $0.4300 Direct F3
transaction NABL Stock Option Options Exercise $0 -1,013 -100% $0.000000* 0 27 Feb 2023 Common Stock 1,013 $0.5700 Direct F3
transaction NABL Stock Option Options Exercise $0 -460 -100% $0.000000* 0 27 Feb 2023 Common Stock 460 $0.4300 Direct F3
transaction NABL Stock Option Options Exercise $0 -1,013 -100% $0.000000* 0 27 Feb 2023 Common Stock 1,013 $0.5700 Direct F3
transaction NABL Stock Option Options Exercise $0 -197 -100% $0.000000* 0 27 Feb 2023 Common Stock 197 $0.4300 Direct F3
transaction NABL Stock Option Options Exercise $0 -434 -100% $0.000000* 0 27 Feb 2023 Common Stock 434 $0.5700 Direct F3
transaction NABL Stock Option Options Exercise $0 -197 -100% $0.000000* 0 27 Feb 2023 Common Stock 197 $0.4300 Direct F3
transaction NABL Stock Option Options Exercise $0 -434 -100% $0.000000* 0 27 Feb 2023 Common Stock 434 $0.5700 Direct F3
transaction NABL Stock Option Options Exercise $0 -2,632 -100% $0.000000* 0 27 Feb 2023 Common Stock 2,632 $0.4300 Direct F3
transaction NABL Stock Option Options Exercise $0 -7,239 -100% $0.000000* 0 27 Feb 2023 Common Stock 7,239 $0.5700 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.70, inclusive. The reporting person undertakes to provide to N-able, Inc., any security holder of N-able, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
F2 Such stock option awards were granted by SolarWinds Corporation ("SolarWinds") and were converted into equity awards (the "Conversion") of the Issuer in connection with the spin-off of Issuer from SolarWinds completed on July 19, 2021. At the time of the Conversion, 4,936 of these stock options awards were fully vested and 1,645 of these stock options vested on March 20, 2022.
F3 At the time of the Conversion, these stock options were fully vested.
F4 At the time of the Conversion, 4,344 of these stock options awards were fully vested, 1,447 vested on September 26, 2021 and 1,448 vested on September 26, 2022.