Filing Details
- Accession Number:
- 0001834488-23-000027
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-28 16:43:48
- Reporting Period:
- 2023-02-27
- Accepted Time:
- 2023-02-28 16:43:48
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1834488 | N-Able Inc. | NABL | Services-Prepackaged Software (7372) | 854069861 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1856752 | Frank Colletti | 30 Corporate Dr., Suite 400 Burlington MA 01803 | Exec Vp, Worldwide Sales | 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, Par Value $0.001 Per Share | Acquisiton | 2023-02-27 | 5,262 | $0.43 | 390,472 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 Per Share | Acquisiton | 2023-02-27 | 14,473 | $0.57 | 404,945 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 Per Share | Acquisiton | 2023-02-27 | 6,581 | $1.60 | 411,526 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 Per Share | Disposition | 2023-02-27 | 26,316 | $11.59 | 385,210 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| 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 | Stock Option | Disposition | 2023-02-27 | 1,447 | $0.00 | 1,447 | $0.57 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 6,581 | $0.00 | 6,581 | $1.60 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 658 | $0.00 | 658 | $0.43 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 1,447 | $0.00 | 1,447 | $0.57 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 329 | $0.00 | 329 | $0.43 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 723 | $0.00 | 723 | $0.57 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 329 | $0.00 | 329 | $0.43 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 723 | $0.00 | 723 | $0.57 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 460 | $0.00 | 460 | $0.43 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 1,013 | $0.00 | 1,013 | $0.57 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 460 | $0.00 | 460 | $0.43 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 1,013 | $0.00 | 1,013 | $0.57 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 197 | $0.00 | 197 | $0.43 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 434 | $0.00 | 434 | $0.57 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 197 | $0.00 | 197 | $0.43 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 434 | $0.00 | 434 | $0.57 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 2,632 | $0.00 | 2,632 | $0.43 |
| Common Stock | Stock Option | Disposition | 2023-02-27 | 7,239 | $0.00 | 7,239 | $0.57 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2022-02-02 | 2031-04-13 | No | 4 | M | Direct |
| 0 | 2028-03-20 | No | 4 | M | Direct | |
| 0 | 2021-07-26 | 2027-06-08 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2027-09-26 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2028-03-20 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2028-03-20 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2028-03-20 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2028-03-20 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2028-03-20 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2028-03-20 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2030-06-23 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2030-06-23 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2030-06-23 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2030-06-23 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2030-06-23 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2030-06-23 | No | 4 | M | Direct |
| 0 | 2021-07-26 | 2027-06-08 | No | 4 | M | Direct |
| 0 | 2027-09-26 | No | 4 | M | Direct |
Footnotes
- 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.
- 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.
- At the time of the Conversion, these stock options were fully vested.
- 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.
Billionaire Hedge Funds
