Filing Details
- Accession Number:
- 0001739942-23-000030
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-23 16:35:59
- Reporting Period:
- 2023-02-21
- Accepted Time:
- 2023-02-23 16:35:59
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1739942 | Solarwinds Corp | SWI | Services-Prepackaged Software (7372) | 810753267 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1754354 | Jason Bliss | C/O Solarwinds Corporation 7171 Southwest Parkway, Building 400 Austin TX 78735 | Chief Administrative Officer | 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 | 2023-02-21 | 131,753 | $0.00 | 706,761 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2023-02-21 | 123,152 | $0.00 | 829,913 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2023-02-21 | 15,723 | $8.87 | 814,190 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-02-21 | 53,839 | $8.77 | 760,351 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Footnotes
- Represents performance share units awarded pursuant to the issuer's 2018 Equity Incentive Plan for which performance criteria has been satisfied that entitle the reporting person to receive one share of the issuer's common stock per performance share unit upon vesting. The performance share units vest 1/3rd on February 21, 2023 and 1/12th per quarter over the following eight quarters commencing on May 15, 2023, subject to continued service through each applicable date.
- Represents restricted stock units awarded pursuant to the issuer's 2018 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 6.25% per quarter over sixteen quarters commencing on May 15, 2023, subject to continued service through each applicable date.
- Represents the number of shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of performance share units.
- Shares sold pursuant to a 10b5-1 trading plan.
- This transaction was executed in multiple trades at prices ranging from $8.50 to $9.01, 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 ranges set forth in this footnote.
Billionaire Hedge Funds
