Filing Details
- Accession Number:
- 0001181431-10-053706
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-05 15:35:42
- Reporting Period:
- 2010-11-03
- Filing Date:
- 2010-11-05
- Accepted Time:
- 2010-11-05 15:35:42
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1428669 | Solarwinds Inc. | SWI | Services-Prepackaged Software (7372) | 731559348 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1428952 | G Douglas Hibberd | C/O Solarwinds, Inc. 3711 S. Mopac Expy., Bldg. Two Austin TX 78746 | Senior Vp, Engineering | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-11-03 | 110,000 | $2.69 | 110,000 | No | 4 | M | Indirect | by LP |
| Common Stock | Disposition | 2010-11-03 | 110,000 | $18.26 | 0 | No | 4 | S | Indirect | by LP |
| Common Stock | Acquisiton | 2010-11-04 | 131,248 | $4.35 | 131,248 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-11-04 | 131,248 | $18.37 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Indirect | by LP |
| No | 4 | S | Indirect | by LP |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2010-11-03 | 110,000 | $0.00 | 110,000 | $2.69 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2010-11-04 | 131,248 | $0.00 | 131,248 | $4.35 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2016-08-08 | No | 4 | M | Indirect | |
| 48,752 | 2017-11-14 | No | 4 | M | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $18.20 to $18.33, 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 range set forth in this footnote.
- Vested options held by Clontarf Investments, Ltd. Clontarf Investments GP, LLC is the general partner of Clontarf Investments, Ltd. Mr. Hibberd and his wife are the sole members of Clontarf Investments GP, LLC and, by virtue of this relationship, may be deemed to have voting and dispositive power over the shares issuable upon the exercise of the options held by Clontarf Investments Ltd. Mr. Hibberd disclaims beneficial ownership of the shares held by Clontarf except to the extent of his pecuniary interest therein.
- This transaction was executed in multiple trades at prices ranging from $18.20 to $18.69, 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 range set forth in this footnote.
- Fully vested and exercisable.
- 1/4th of the shares vested on November 14, 2008 and the remainder of the shares vest in equal monthly increments through November 14, 2011.
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