Filing Details

Accession Number:
0001181431-12-001498
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-01-05 19:15:25
Reporting Period:
2012-01-04
Filing Date:
2012-01-05
Accepted Time:
2012-01-05 19:15:25
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
1180598 B Kevin Thompson C/O Solarwinds, Inc.
3711 S. Mopac Expy., Bldg. Two
Austin TX 78746
Director, President & Ceo Yes 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 2012-01-04 80,000 $2.69 203,416 No 4 M Direct
Common Stock Disposition 2012-01-04 38,300 $27.68 165,116 No 4 S Direct
Common Stock Disposition 2012-01-04 1,700 $28.32 163,416 No 4 S Direct
Common Stock Acquisiton 2012-01-04 79,598 $0.00 243,014 No 4 A Direct
Common Stock Disposition 2012-01-04 3,676 $28.03 239,338 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 A Direct
No 4 F 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 2012-01-04 40,000 $0.00 40,000 $2.69
Common Stock Employee Stock Option (right to buy) Disposition 2012-01-04 40,000 $0.00 40,000 $2.69
Common Stock Employee Stock Option (right to buy) Acquisiton 2012-01-04 179,160 $0.00 179,160 $28.03
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
72,872 2016-07-26 No 4 M Direct
74,009 2016-07-26 No 4 M Direct
179,160 2022-01-04 No 4 A Direct
Footnotes
  1. Shares sold pursuant to a 10b5-1 Trading Plan.
  2. This transaction was executed in multiple trades at prices ranging from $27.25 to $28.23, 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 footnotes (2) and (3) of this form.
  3. This transaction was executed in multiple trades at prices ranging from $28.25 to $28.35, 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 footnotes (2) and (3) of this form.
  4. Represents the grant of restricted stock units that will entitle the reporting person to receive one share of issuer's common stock per restricted stock unit. The restricted stock units vest in five equal annual installments beginning January 4, 2013. In the event of the termination of the reporting person as a service provider, the reporting person's right to acquire the balance of the restricted stock units that have not vested as of the time of termination as a service provider shall immediately terminate.
  5. Represents the number of shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units.
  6. 1/4th of the shares vested and became exercisable on July 1, 2007 and 1/48th of the shares vested each month thereafter.
  7. 1/4th of the shares vested and became exercisable on July 1, 2007 and 1/48th of the shares vested each month thereafter. Grant was subject to a right of early exercise prior to vesting and a right of repurchase that lapses in accordance with the vesting schedule.
  8. 1/60th of the shares shall vest and become exercisable on February 4, 2012 and each month thereafter.