Tim James O'Brien - Mar 29, 2023 Form 4 Insider Report for N-able, Inc. (NABL)

Signature
/s/ Kate Salley, Attorney-in-Fact for Timothy O'Brien
Stock symbol
NABL
Transactions as of
Mar 29, 2023
Transactions value $
-$258,308
Form type
4
Date filed
3/31/2023, 04:46 PM
Previous filing
Feb 28, 2023
Next filing
May 18, 2023

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 Sale -$258K -18.8K -3.42% $13.75 531K Mar 29, 2023 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2022.