SEC Form 4 · accession 0001209191-15-016150
SolarWinds, Inc. · SWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Ream
Officer — EVP & CFO
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 5:06 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 Stock | Feb 17, 2015 | M | 265 | $19.49 | A | 82,225 | D | |
| Common Stock | Feb 17, 2015 | M | 3,040 | $28.03 | A | 85,265 | D | |
| Common StockF1,F2 | Feb 17, 2015 | S | 9,169 | $50.1755 | D | 76,096 | 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)F3 | $19.49 | Feb 17, 2015 | M | 265 | D | — | Feb 24, 2020 | Common Stock | 265 | 1,012 | D |
| Employee Stock Option (right to buy)F4 | $28.03 | Feb 17, 2015 | M | 3,040 | D | — | Jan 4, 2022 | Common Stock | 3,040 | 3,306 | D |
Explanation of responses
- F1Shares sold pursuant to a 10b5-1 Trading Plan.
- F2This transaction was executed in multiple trades at prices ranging from $49.95 to $50.385, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold and each separate price within the ranges set forth in this footnote.
- F31/4 of the shares vested and became exercisable on February 24, 2011 and 1/48 of the shares vested and became exercisable each month thereafter.
- F41/4 of the shares vested and became exercisable on January 4, 2013 and 1/48 of the shares vest and become exercisable each month thereafter.