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N-able, Inc. Director's Dealing 2021

Jul 29, 2021

31907_dirs_2021-07-28_e304281d-008f-4aa4-8eab-49a737af322c.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: O'Brien Tim James (EVP, Chief Financial Officer)

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 46804 Acquired 203647 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) with respect to 17,548 RSUs, 8,774 will vest on each of October 23, 2021 and October 23, 2022, (b) with respect to 14,852 RSUs, 9.09% will vest each quarter over the following eleven quarters on the respective quarterly vesting dates of May 15, August 15, November 15 and February 15 and (c) with respect to 14,404 RSUs, 7,202 will vest on each of February 15, 2022 and February 15, 2023, in each case subject to continued service through each applicable date.