SEC Form 4 · accession 0001209191-15-042468
SolarWinds, Inc. · SWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Strelzick
Officer — EVP, President Worldwide Sales
Period of report
May 12, 2015
Accepted (ET)
May 13, 2015 · 6:44 pm EDT
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 | May 12, 2015 | M | 11,573 | $28.03 | A | 103,114 | D | |
| Common StockF1,F2 | May 12, 2015 | S | 26,609 | $48.3092 | D | 76,505 | 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 | $28.03 | May 12, 2015 | M | 11,573 | D | — | Jan 4, 2022 | Common Stock | 11,573 | 29,337 | D |
Explanation of responses
- F1Shares sold pursuant to a 10b5-1 Trading Plan.
- F2This transaction was executed in multiple trades at prices ranging from $47.935 to $48.91, 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.
- F31/60th of the shares subject to the grant vested and became exercisable on February 4, 2012, and each month thereafter.