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N-able, Inc.

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5203
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0001834488
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275

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
July 26, 2021 Filed Jul 29, 2021 01:52 UTC
Colletti FrankExec VP, Worldwide Sales
OtherStock Option · Derivative 1,447 Not disclosed Strike: $0.56 Not disclosed
Disclosure

SEC source: 0001628280-21-014799 · wf-form4_162752353928528.xml · derivative · entry 5

Colletti Frank · CIK 0001856752 · Exec VP, Worldwide Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,447

Underlying: Common Stock · 1,447 shares

Expires 2027-09-26

F2 · kind: Represents stock option awards granted by SolarWinds that have been converted into equity awards (the "Conversion") of the Issuer in connection with the Spin-Off.

F4 · price: As a result of the Conversion, stock options of SolarWinds were converted into stock options to purchase a number of shares of the Issuer's common stock equal to the number of shares of SolarWinds common stock underlying the stock options multiplied by 1.3162 (rounded down to the nearest whole number of shares), at an exercise price equal to the exercise price of the stock options divided by 1.3162 (rounded up to the nearest whole cent).

F6 · derivative.exercise_date: At the time of the Conversion, these stock options were fully vested.

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July 26, 2021 Filed Jul 29, 2021 01:52 UTC
Colletti FrankExec VP, Worldwide Sales
OtherStock Option · Derivative 658 Not disclosed Strike: $0.43 Not disclosed
Disclosure

SEC source: 0001628280-21-014799 · wf-form4_162752353928528.xml · derivative · entry 4

Colletti Frank · CIK 0001856752 · Exec VP, Worldwide Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 658

Underlying: Common Stock · 658 shares

Expires 2027-06-08

F2 · kind: Represents stock option awards granted by SolarWinds that have been converted into equity awards (the "Conversion") of the Issuer in connection with the Spin-Off.

F4 · price: As a result of the Conversion, stock options of SolarWinds were converted into stock options to purchase a number of shares of the Issuer's common stock equal to the number of shares of SolarWinds common stock underlying the stock options multiplied by 1.3162 (rounded down to the nearest whole number of shares), at an exercise price equal to the exercise price of the stock options divided by 1.3162 (rounded up to the nearest whole cent).

F6 · derivative.exercise_date: At the time of the Conversion, these stock options were fully vested.

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July 26, 2021 Filed Jul 29, 2021 01:52 UTC
Colletti FrankExec VP, Worldwide Sales
OtherStock Option · Derivative 6,581 Not disclosed Strike: $1.60 Not disclosed
Disclosure

SEC source: 0001628280-21-014799 · wf-form4_162752353928528.xml · derivative · entry 3

Colletti Frank · CIK 0001856752 · Exec VP, Worldwide Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,581

Underlying: Common Stock · 6,581 shares

Expires 2028-03-20

F2 · kind: Represents stock option awards granted by SolarWinds that have been converted into equity awards (the "Conversion") of the Issuer in connection with the Spin-Off.

F4 · price: As a result of the Conversion, stock options of SolarWinds were converted into stock options to purchase a number of shares of the Issuer's common stock equal to the number of shares of SolarWinds common stock underlying the stock options multiplied by 1.3162 (rounded down to the nearest whole number of shares), at an exercise price equal to the exercise price of the stock options divided by 1.3162 (rounded up to the nearest whole cent).

F5 · derivative.exercise_date: At the time of the Conversion, 4,936 of these stock options awards were fully vested and 1,645 of these stock options vest on March 20, 2022.

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July 26, 2021 Filed Jul 29, 2021 01:52 UTC
Colletti FrankExec VP, Worldwide Sales
OtherStock Option · Derivative 1,447 Not disclosed Strike: $0.56 Not disclosed
Disclosure

SEC source: 0001628280-21-014799 · wf-form4_162752353928528.xml · derivative · entry 2

Colletti Frank · CIK 0001856752 · Exec VP, Worldwide Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,447

Underlying: Common Stock · 1,447 shares

Expires 2031-04-13

F2 · kind: Represents stock option awards granted by SolarWinds that have been converted into equity awards (the "Conversion") of the Issuer in connection with the Spin-Off.

F4 · price: As a result of the Conversion, stock options of SolarWinds were converted into stock options to purchase a number of shares of the Issuer's common stock equal to the number of shares of SolarWinds common stock underlying the stock options multiplied by 1.3162 (rounded down to the nearest whole number of shares), at an exercise price equal to the exercise price of the stock options divided by 1.3162 (rounded up to the nearest whole cent).

F3 · derivative.exercise_date: These stock options vest on February 15, 2022.

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July 26, 2021 Filed Jul 29, 2021 01:52 UTC
Colletti FrankExec VP, Worldwide Sales
GrantCommon Stock, par value $0.001 per share 75,706 $0.00 $0.00
Disclosure

SEC source: 0001628280-21-014799 · wf-form4_162752353928528.xml · nonDerivative · entry 1

Colletti Frank · CIK 0001856752 · Exec VP, Worldwide Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 188,645

F1 · shares: Reflects restricted stock units ("RSUs") of SolarWinds Corporation ("SolarWinds") assumed by Issuer in connection with the spin-off of Issuer from SolarWinds completed on July 19, 2021 (the "Spin-Off") and converted into RSUs of Issuer, with the reporting person receiving a number of Issuer RSUs equal to the number of SolarWinds RSUs multiplied by 1.3162 (rounded down to the nearest whole number of shares). The RSUs vest as follows: (a) 6,550 vest on February 1, 2022, (b) with respect to 21,059 RSUs, 10,529 vest on October 23, 2021 and 10,530 vest on October 23, 2022, (c) with respect to 22,279 RSUs, 9.09% vest each quarter over the following eleven quarters on the vesting dates of May 15, August 15, November 15 and February 15, (d) with respect to 21,605 RSUs, 10,802 vest on February 15, 2022 and 10,803 vest on February 15, 2023 and (e) 4,213 vest on February 15, 2022, in each case subject to continued service through each applicable date.

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July 26, 2021 Filed Jul 29, 2021 01:52 UTC GrantCommon Stock, par value $0.001 per share 27,993 $0.00 $0.00
Disclosure

SEC source: 0001628280-21-014798 · wf-form4_162752351380199.xml · nonDerivative · entry 1

Lewis Darryl M. · CIK 0001873004 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,993

F1 · shares: Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program 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 in equal annual installments on the first three anniversaries of July 19, 2021, subject to the director's continued service through the applicable vesting date.

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July 26, 2021 Filed Jul 29, 2021 01:51 UTC GrantCommon Stock, par value $0.001 per share 27,993 $0.00 $0.00
Disclosure

SEC source: 0001628280-21-014797 · wf-form4_162752348905755.xml · nonDerivative · entry 1

BOCK WILLIAM G · CIK 0001197848 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,336

F1 · shares: Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program 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 in equal annual installments on the first three anniversaries of July 19, 2021, subject to the director's continued service through the applicable vesting date.

F2 · balance_after: Includes 20,343 shares that were received by the reporting person in connection with the spin-off of the Issuer from SolarWinds Corporation ("SolarWinds") that was consummated on July 19, 2021, pursuant to which shareholders of SolarWinds, including the reporting person, received one share of common stock of the Issuer for every two shares of common stock of SolarWinds held by that person.

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July 26, 2021 Filed Jul 29, 2021 00:03 UTC GrantCommon Stock 27,993 $0.00 $0.00
Disclosure

SEC source: 0000899243-21-030475 · doc4.xml · nonDerivative · entry 1

HOFFMANN MICHAEL K. · CIK 0001756090 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,051

F1 · kind: Represents restricted stock units awarded 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 in equal annual installments on the on the first three anniversaries of July 19, 2021, subject to the director's continued service through the applicable vesting date.

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July 26, 2021 Filed Jul 28, 2021 21:16 UTC
SLTA IV (GP), L.L.C.Director · 10% owner
Silver Lake Group, L.L.C.Director · 10% owner
Silver Lake Partners IV, L.P.Director · 10% owner
SLTA III (GP), L.L.C.Director · 10% owner
SLP Denali Co-Invest GP, L.L.C.Director · 10% owner
SLP Aurora Co-Invest, L.P.Director · 10% owner
GrantCommon Stock 55,986 $0.00 $0.00
Disclosure

SEC source: 0000899243-21-030381 · doc4.xml · nonDerivative · entry 1

SLTA IV (GP), L.L.C. · CIK 0001672568 · Director · 10% owner

Silver Lake Group, L.L.C. · CIK 0001418226 · Director · 10% owner

Silver Lake Technology Associates IV, L.P. · CIK 0001672566 · Director · 10% owner

Silver Lake Partners IV, L.P. · CIK 0001552054 · Director · 10% owner

Silver Lake Technology Investors IV, L.P. · CIK 0001672565 · Director · 10% owner

SLTA III (GP), L.L.C. · CIK 0001491808 · Director · 10% owner

Silver Lake Technology Associates III, L.P. · CIK 0001491809 · Director · 10% owner

SLP Denali Co-Invest GP, L.L.C. · CIK 0001672569 · Director · 10% owner

SLP Aurora Co-Invest, L.P. · CIK 0001755410 · Director · 10% owner

Bingle Michael J · CIK 0001306831 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 113,160

F1 · kind: In connection with the separation and distribution by SolarWinds Corporation ("SolarWinds") of its wholly-owned subsidiary, N-able, Inc. (the "Issuer"), effective on July 19, 2021 (the "Spin-off"), Michael J. Bingle and Michael Widmann, executives of Silver Lake Group, L.L.C. ("SLG"), became directors of the Issuer. In connection therewith, each of Mr. Bingle and Widmann were granted 27,993 restricted stock units under the Issuer's non-employee director compensation policy that entitles the holder to receive one share of the Issuer's common stock per restricted unit upon vesting. The restricted stock units vest in equal annual installments on each of July 19, 2022, 2023 and 2024, subject to the director's continued service through the applicable vesting date.

F2 · balance_after: Represents restricted stock units described in footnote (1) above and shares of common stock held by Kenneth Y. Hao, Michael J. Bingle, Michael Widmann and Jason White, executives of SLG, who were awarded shares of common stock of SolarWinds, as part of SolarWinds's non-employee director compensation policy, and as a result of the Spin-off, received shares of common stock of the Issuer. Such shares of common stock of the Issuer are held for the benefit of one or more of the Reporting Persons and/or certain of their affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners.

F2 · ownership.nature: Represents restricted stock units described in footnote (1) above and shares of common stock held by Kenneth Y. Hao, Michael J. Bingle, Michael Widmann and Jason White, executives of SLG, who were awarded shares of common stock of SolarWinds, as part of SolarWinds's non-employee director compensation policy, and as a result of the Spin-off, received shares of common stock of the Issuer. Such shares of common stock of the Issuer are held for the benefit of one or more of the Reporting Persons and/or certain of their affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners.

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July 26, 2021 Filed Jul 28, 2021 21:10 UTC GrantCommon Stock 27,993 $0.00 $0.00
Disclosure

SEC source: 0000899243-21-030369 · doc4.xml · nonDerivative · entry 1

Widmann Michael A. · CIK 0001804906 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · kind: Represents restricted stock units awarded to Michael Widmann, a director of the Issuer and an executive of Silver Lake Group, L.L.C. ("SLG") as part of the Issuer's non-employee director compensation program (the "Director Compensation Program"). The restricted stock units vest in equal annual installments on July 19, 2022, 2023 and 2024, subject to the director's continued service through the applicable vesting date.

F1 · shares: Represents restricted stock units awarded to Michael Widmann, a director of the Issuer and an executive of Silver Lake Group, L.L.C. ("SLG") as part of the Issuer's non-employee director compensation program (the "Director Compensation Program"). The restricted stock units vest in equal annual installments on July 19, 2022, 2023 and 2024, subject to the director's continued service through the applicable vesting date.

F2 · balance_after: Mr. Widmann is a Director at Silver Lake Group, L.L.C. and is a member of the board of directors of the Issuer. These securities are held by Mr. Widmann for the benefit of Silver Lake Group, L.L.C. and/or certain of its affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners. Mr. Widmann disclaims beneficial ownership of these securities and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose.

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July 26, 2021 Filed Aug 9, 2024 20:29 UTC Amendment
Pai KathleenEVP, Chief People Officer
GrantCommon Stock, par value $0.001 per share 156,636 $0.00 $0.00
Disclosure

SEC source: 0001834488-24-000110 · wk-form4a_1723235358.xml · nonDerivative · entry 1

Pai Kathleen · CIK 0001857444 · EVP, Chief People Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 230,030

F1 · shares: Reflects restricted stock units ("RSUs") of SolarWinds Corporation ("SolarWinds") assumed by Issuer in connection with the spin-off of Issuer from SolarWinds completed on July 19, 2021 and converted into RSUs of Issuer, with the reporting person receiving a number of Issuer RSUs equal to the number of SolarWinds RSUs multiplied by 1.3162 (rounded down to the nearest whole number of shares). The RSUs vest as follows: (a) with respect to 82,923 RSUs, 27,641 will vest on each of February 15, 2022, February 15, 2023 and February 15, 2024 and (b) with respect to 73,713 RSUs, 36,856 will vest on February 15, 2022 and 36,857 will vest on February 15, 2023, in each case of (a)-(b) subject to continued service through each applicable date.

F2 · shares: This Form 4/A is filed to amend the original Form 4 filed by the reporting person on July 28, 2021, which incorrectly reported (i) the amount of securities acquired as 156,631 shares. and (ii) the amount of securities beneficially owned following the reported transactions 313,267 shares. The correct amounts are 156,636 shares and 230,030 shares, respectively.

F2 · balance_after: This Form 4/A is filed to amend the original Form 4 filed by the reporting person on July 28, 2021, which incorrectly reported (i) the amount of securities acquired as 156,631 shares. and (ii) the amount of securities beneficially owned following the reported transactions 313,267 shares. The correct amounts are 156,636 shares and 230,030 shares, respectively.

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July 20, 2021 Filed Jul 23, 2021 00:53 UTC
Anastos Peter CEVP, General Cnsl, Secretary
GrantCommon Stock, par value $0.001 per share 91,659 $0.00 $0.00
Disclosure

SEC source: 0001628280-21-014286 · wf-form4_162700157030427.xml · nonDerivative · entry 1

Anastos Peter C · CIK 0001405215 · EVP, General Cnsl, Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,659

F1 · shares: Represents restricted stock units awarded pursuant to the Company's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the Company's common stock per restricted stock unit upon vesting. The restricted stock units vest 1/4th on May 15, 2022, 1/4th on May 15, 2023, 1/4 on May 15, 2024, and 1/4 on May 15, 2025, subject to continued service through each applicable date.

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July 20, 2021 Filed Jul 23, 2021 00:52 UTC GrantCommon Stock, par value $0.001 per share 91,659 $0.00 $0.00
Disclosure

SEC source: 0001628280-21-014285 · wf-form4_162700152465717.xml · nonDerivative · entry 1

Adler Michael I · CIK 0001856901 · EVP, CTPO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,659

F1 · shares: Represents restricted stock units awarded pursuant to the Company's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the Company's common stock per restricted stock unit upon vesting. The restricted stock units vest 1/4 on May 15, 2022, 1/4 on May 15, 2023, 1/4 on May 15, 2024, and 1/4 on May 15, 2025, subject to continued service through each applicable date.

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July 20, 2021 Filed Jul 23, 2021 00:51 UTC
Colletti FrankExec VP, Worldwide Sales
GrantCommon Stock, par value $0.001 per share 91,659 $0.00 $0.00
Disclosure

SEC source: 0001628280-21-014284 · wf-form4_162700146982050.xml · nonDerivative · entry 1

Colletti Frank · CIK 0001856752 · Exec VP, Worldwide Sales

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 112,939

F1 · shares: Represents restricted stock units awarded pursuant to the Company's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the Company's common stock per restricted stock unit upon vesting. The restricted stock units vest 25% on February 15, 2022, and 6.25% per fiscal quarter over the following 12 fiscal quarters, subject to continued service through each applicable date.

F2 · balance_after: Includes 21,280 shares that were received by the reporting person in connection with the separation and distribution transaction that was consummated on July 19, 2021, pursuant to which N-able, Inc. (the"Company") was spun-off from its parent company, SolarWinds Corporation ("SolarWinds"), and shareholders of SolarWinds, including the reporting person, received one share of common stock of the Company for every two shares of common stock of SolarWinds held by that person.

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July 20, 2021 Filed Jul 23, 2021 00:50 UTC
Pai KathleenEVP, Chief People Officer
GrantCommon Stock, par value $0.001 per share 54,995 $0.00 $0.00
Disclosure

SEC source: 0001628280-21-014283 · wf-form4_162700142566269.xml · nonDerivative · entry 1

Pai Kathleen · CIK 0001857444 · EVP, Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,394

F1 · shares: Represents restricted stock units awarded pursuant to the Company's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the Company's common stock per restricted stock unit upon vesting. The restricted stock units vest 25% on February 15, 2022, and 6.25% per fiscal quarter over the following 12 fiscal quarters, subject to continued service through each applicable date.

F2 · balance_after: Includes 18,399 shares that were received by the reporting person in connection with the separation and distribution transaction that was consummated on July 19, 2021, pursuant to which N-able, Inc. (the"Company") was spun-off from its parent company, SolarWinds Corporation ("SolarWinds"), and shareholders of SolarWinds, including the reporting person, received one share of common stock of theCompany for every two shares of common stock of SolarWinds held by that person.

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July 20, 2021 Filed Jul 23, 2021 00:49 UTC
O'Brien Tim JamesEVP, Chief Financial Officer
GrantCommon Stock, par value $0.001 per share 137,488 $0.00 $0.00
Disclosure

SEC source: 0001628280-21-014282 · wf-form4_162700135995556.xml · nonDerivative · entry 1

O'Brien Tim James · CIK 0001857436 · EVP, Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 156,843

F1 · shares: Represents restricted stock units awarded pursuant to the Company's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the Company's common stock per restricted stock unit upon vesting. The restricted stock units vest 25% on February 15, 2022, and 6.25% per fiscal quarter over the following 12 fiscal quarters, subject to continued service through each applicable date.

F2 · balance_after: Includes 19,355 shares that were received by the reporting person in connection with the separation and distribution transaction that was consummated on July 19, 2021, pursuant to which N-able, Inc. (the "Company") was spun-off from its parent company, SolarWinds Corporation ("SolarWinds"), and shareholders of SolarWinds, including the reporting person, received one share of common stock of the Company for every two shares of common stock of SolarWinds held by that person. 2,000 of these shares are restricted shares that will vest on September 26, 2022, subject to continued service through the vesting date.

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July 20, 2021 Filed Jul 23, 2021 00:48 UTC
Pagliuca JohnDirector · President and CEO
GrantCommon Stock, par value $0.001 per share 343,721 $0.00 $0.00
Disclosure

SEC source: 0001628280-21-014280 · wf-form4_162700128891939.xml · nonDerivative · entry 1

Pagliuca John · CIK 0001765729 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 441,180

F1 · shares: Represents restricted stock units awarded pursuant to the Company's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the Company's common stock per restricted stock unit upon vesting. The restricted stock units vest 25% on February 15, 2022, and 6.25% per fiscal quarter over the following 12 fiscal quarters, subject to continued service through each applicable date.

F2 · balance_after: Includes 97,459 shares that were received by the reporting person in connection with the separation and distribution transaction that was consummated on July 19, 2021, pursuant to which N-able, Inc. (the"Company") was spun-off from its parent company, SolarWinds Corporation ("SolarWinds"), and shareholders of SolarWinds, including the reporting person, received one share of common stock of the Company for every two shares of common stock of SolarWinds held by that person. 19,500 of these shares are restricted shares that will vest on March 20, 2022, subject to continued service through the vesting date.

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July 19, 2021 Filed Jul 21, 2021 21:02 UTC OtherCommon Stock, par value $0.001 per share 158,231,020 Not disclosed Not disclosed
Disclosure

SEC source: 0001628280-21-014170 · wf-form4_162690130050465.xml · nonDerivative · entry 1

SolarWinds Corp · CIK 0001739942 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · kind: On July 19, 2021, due to an internal distribution of the common stock of N-able, Inc. ("N-able"), a Delaware corporation, to SolarWinds Corporation ("SolarWinds"), a Delaware corporation, by certain wholly owned subsidiaries of SolarWinds, SolarWinds became the direct owner of the 1,000 shares of common stock of N-able. This internal distribution was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16a-13 under the Exchange Act.

F2 · kind: Pursuant to the Amended and Restated Certificate of Incorporation of N-able filed by N-able with the Secretary of the State of Delaware on July 16, 2021, on July 16, 2021, the 1,000 outstanding shares of common stock of N-able were automatically converted into an aggregate of 158,231,020 fully-paid and nonassessable shares of common stock of N-able (the "Recapitalization"). The Recapitalization was exempt pursuant to Rules 16a-9 and 16b-7 under the Exchange Act and did not result in a change in the pecuniary interest of SolarWinds in N-able.

F3 · kind: On July 19, 2021, 158,231,020 shares of common stock of N-able were distributed by SolarWinds by way of a pro rata dividend to its stockholders (the "Distribution"), which was exempt from Section 16 pursuant to Rule 16a-9 under the Exchange Act. As a result of the Distribution, SolarWinds no longer beneficially owns any shares of N-able and consequently is no longer subject to the requirements of Section 16 of the Exchange Act with respect to N-able.

F1 · price: On July 19, 2021, due to an internal distribution of the common stock of N-able, Inc. ("N-able"), a Delaware corporation, to SolarWinds Corporation ("SolarWinds"), a Delaware corporation, by certain wholly owned subsidiaries of SolarWinds, SolarWinds became the direct owner of the 1,000 shares of common stock of N-able. This internal distribution was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16a-13 under the Exchange Act.

F2 · price: Pursuant to the Amended and Restated Certificate of Incorporation of N-able filed by N-able with the Secretary of the State of Delaware on July 16, 2021, on July 16, 2021, the 1,000 outstanding shares of common stock of N-able were automatically converted into an aggregate of 158,231,020 fully-paid and nonassessable shares of common stock of N-able (the "Recapitalization"). The Recapitalization was exempt pursuant to Rules 16a-9 and 16b-7 under the Exchange Act and did not result in a change in the pecuniary interest of SolarWinds in N-able.

F3 · price: On July 19, 2021, 158,231,020 shares of common stock of N-able were distributed by SolarWinds by way of a pro rata dividend to its stockholders (the "Distribution"), which was exempt from Section 16 pursuant to Rule 16a-9 under the Exchange Act. As a result of the Distribution, SolarWinds no longer beneficially owns any shares of N-able and consequently is no longer subject to the requirements of Section 16 of the Exchange Act with respect to N-able.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.