SEC Form 4 · accession 0001209191-15-009996
SolarWinds, Inc. · SWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas G Hibberd
Officer — EVP, Pres., Bus.Operations
Period of report
Feb 3, 2015
Accepted (ET)
Feb 5, 2015 · 7:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001428669
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 3, 2015 | A | 21,930 | $0.00 | A | 99,446 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $48.72 | Feb 3, 2015 | A | 51,290 | A | — | Feb 3, 2025 | Common Stock | 51,290 | 51,290 | D |
Explanation of responses
- F1Represents 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 four equal annual installments beginning February 3, 2016.
- F21/4th of the shares vest and become exercisable on February 3, 2016 and 1/48th of the shares vest and become exercisable each month thereafter.