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N-able, Inc. Director's Dealing 2021

Jul 29, 2021

31907_dirs_2021-07-28_18461feb-db97-4a7f-a1cb-ef88986f452d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: N-able, Inc. (NABL)
CIK: 0001834488
Period of Report: 2021-07-26

Reporting Person: Pagliuca John (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-07-26 Common Stock, par value $0.001 per share A 245400 Acquired 686580 Direct

Footnotes

F1: 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) 11,464 vest on February 1, 2022, (b) with respect to 36,853 RSUs, 18,426 vest on October 23, 2021 and 18,427 vest on October 23, 2022, (c) with respect to 81,688 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 108,023 RSUs, 54,011 vest on February 15, 2022 and 54,012 vest on February 15, 2023 and (e) 7,372 vest on February 15, 2022, in each case subject to continued service through each applicable date.