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Filing Details

Accession Number:: 0000899243-20-033733
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-12-14 16:15:08
Reporting Period:: 2020-12-10

Accepted Time:: 2020-12-14 16:15:08
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1739942	Solarwinds Corp	SWI	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1469000	Nb Alternatives Advisers Llc	325 N. Saint Paul Street, Suite 4900 Dallas TX 75201	No	No	Yes	No
1698419	Nb Crossroads Xxi - Mc Holdings Lp	325 N. Saint Paul Street, Suite 4900 Dallas TX 75201	No	No	Yes	No
1698425	Nb - Iowa's Public Universities Lp	325 N. Saint Paul Street, Suite 4900 Dallas TX 75201	No	No	Yes	No
1698427	Ltd Holdings Pep Nb	325 N. Saint Paul Street, Suite 4900 Dallas TX 75201	No	No	Yes	No
1698432	Nb Wildcats Fund Lp	325 N. Saint Paul Street, Suite 4900 Dallas TX 75201	No	No	Yes	No
1698437	Partnership Limited Fund Sonoran Nb	325 N. Saint Paul Street, Suite 4900 Dallas TX 75201	No	No	Yes	No
1698444	Nb Rp Co-Investment & Secondary Fund Llc	325 N. Saint Paul Street, Suite 4900 Dallas TX 75201	No	No	Yes	No
1755836	Nb Crossroads Xx - Mc Holdings Lp	325 N. Saint Paul Street, Suite 4900 Dallas TX 75201	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2020-12-10	289,066	$21.97	4,959,467	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote

Footnotes

This Form 4 is filed jointly by NB Alternatives Advisers LLC ("NBAA"), NB Crossroads XX - MC Holdings LP ("NB Crossroads XX LP"), NB Crossroads XXI - MC Holdings LP ("NB Crossroads XXI LP"), NB - Iowa's Public Universities LP ("NB IPU LP"), NB PEP Holdings Limited ("NB PEP"), NB RP Co-Investment & Secondary Fund LLC ("NB RP Co-Investment"), NB Sonoran Fund Limited Partnership ("NB Sonoran LP"), NB Strategic Co-Investment Partners II Holdings LP ("NB Co-Investment II Holdings"), NB Wildcats Fund LP ("NB Wildcats LP"), Neuberger Berman Insurance Fund Series Interests of the SALI Multi-Series Fund L.P. ("NB SALI Series") and TfL Trustee Company Limited as Trustee of the TfL Pension Fund ("TfL Trustee") (collectively, the "Reporting Persons").
To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the first of two identical reports relating to the same transactions. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the outstanding shares of SolarWinds Corporation (the "Issuer"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. Neither the filing of this report nor anything herein shall be deemed an admission that any Reporting Person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose, the beneficial owner of such securities.
On December 10, 2020, the Reporting Persons executed a joinder to a Stock Purchase Agreement to sell shares of common stock at a price of $21.97 per share, subject to potential adjustment under certain circumstances.
Consists of (i) 23,125 shares sold by NB Crossroads XX LP, (ii) 8,672 shares sold by NB Crossroads XXI LP, (iii) 5,781 shares sold by NB IPU LP, (iv) 20,235 shares sold by NB PEP, (v) 5,781 shares sold by NB RP Co-Investment, (vi) 5,781 shares sold by NB Sonoran LP, (vii) 173,440 shares sold by NB Co-Investment II Holdings, (viii) 5,781 shares sold by NB Wildcats LP, (ix) 11,563 shares sold by NB SALI Series and (x) 28,907 shares sold by TfL Trustee.
Consists of (i) 396,757 shares held directly by NB Crossroads XX LP, (ii) 148,783 shares held directly by NB Crossroads XXI LP, (iii) 99,190 shares held directly by NB IPU LP, (iv) 347,162 shares held directly by NB PEP, (v) 99,190 shares held directly by NB RP Co-Investment, (vi) 99,190 shares held directly by NB Sonoran LP, (vii) 2,975,681 shares held directly by NB Co-Investment II Holdings, (viii) 99,190 shares held directly by NB Wildcats LP, (ix) 198,378 shares held directly by NB SALI Series and (x) 495,946 shares held directly by TfL Trustee.
NBAA exercises dispositive and voting power with respect to the shares held by each of the other Reporting Persons and, as a result, may be deemed to beneficially own the shares held directly by NB Crossroads XX LP, NB Crossroads XXI LP, NB IPU LP, NB PEP, NB RP Co-Investment, NB Sonoran LP, NB Co-Investment II Holdings, NB Wildcats LP, NB SALI Series and TfL Trustee.