SEC Form 4 · accession 0001209191-15-045597
SolarWinds, Inc. · SWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Barton Kalsu
Officer — EVP & CAO
Period of report
May 19, 2015
Accepted (ET)
May 21, 2015 · 6:33 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 19, 2015 | M | 9,300 | $18.87 | A | 90,015 | D | |
| Common StockF1 | May 19, 2015 | S | 19,908 | $48.8251 | D | 70,107 | D | |
| Common Stock | May 21, 2015 | S | 958 | $49.59 | D | 69,149 | 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 | $18.87 | May 19, 2015 | M | 9,300 | D | — | Feb 25, 2020 | Common Stock | 9,300 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $49.76 to $49.92, 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.
- F21/4 of the shares vested and became exercisable on February 25, 2011 and 1/48 of the shares vested and became exercisable each month thereafter.