SEC Form 4 · accession 0001209191-15-016151
SolarWinds, Inc. · SWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin B Thompson
Officer — Director, President & CEO · Director
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 5:07 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 | 25,900 | $10.00 | A | 479,484 | D | |
| Common StockF1,F2 | Feb 17, 2015 | S | 25,900 | $50.1903 | D | 453,584 | D | |
| Common Stock | Feb 18, 2015 | M | 19,100 | $10.00 | A | 472,684 | D | |
| Common StockF1,F3 | Feb 18, 2015 | S | 19,100 | $50.3364 | D | 453,584 | 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)F4 | $10.00 | Feb 17, 2015 | M | 25,900 | D | — | Apr 23, 2019 | Common Stock | 25,900 | 172,216 | D |
| Employee Stock Option (right to buy)F4 | $10.00 | Feb 18, 2015 | M | 19,100 | D | — | Apr 23, 2019 | Common Stock | 19,100 | 153,116 | D |
Explanation of responses
- F1Shares sold pursuant to a 10b5-1 Trading Plan.
- F2This transaction was executed in multiple trades at prices ranging from $49.94 to $50.53, 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.
- F3This transaction was executed in multiple trades at prices ranging from $49.89 to $50.53, 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.
- F41/4 of the shares vested and became exercisable on April 23, 2010 and 1/48 of the shares vested and became exercisable each month thereafter.