N-able, Inc. — Director's Dealing 2022

Feb 18, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: N-able, Inc. (NABL)
CIK: 0001834488
Period of Report: 2022-02-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-16	Common Stock, par value $0.001 per share	A	287350	—	Acquired	897742	Direct
2022-02-16	Common Stock, par value $0.001 per share	A	229991	—	Acquired	1127733	Direct
2022-02-16	Common Stock, par value $0.001 per share	F	42479	$11.64	Disposed	1085254	Direct

Footnotes

F1: Represents performance stock units awarded pursuant to the issuer's 2021 Equity Incentive Plan for which performance criteria has been satisfied that entitle the reporting person to receive one share of the issuer's common stock per performance stock unit upon vesting. The performance stock units vest in three equal installments on each of February 16, 2022, February 15, 2023 and February 15, 2024, subject to continued service through each applicable date.

F2: Represents restricted stock units awarded pursuant to the issuer's 2021 Equity Incentive Plan 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 25% on the anniversary of February 15, 2022 and 6.25% per quarter over the following twelve quarters on the respective quarterly vesting dates of May 15, August 15, November 15 and February 15, subject to continued service through each applicable date.

F3: Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of performance stock units.