SEC Form 4 · accession 0001209191-15-065350
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
Aug 11, 2015
Accepted (ET)
Aug 11, 2015 · 5:47 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 | Aug 11, 2015 | M | 4,677 | $18.87 | A | 81,182 | D | |
| Common Stock | Aug 11, 2015 | M | 4,087 | $20.06 | A | 85,269 | D | |
| Common StockF1,F2 | Aug 11, 2015 | S | 8,764 | $41.1215 | 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 | $18.87 | Aug 11, 2015 | M | 4,677 | D | — | Feb 25, 2020 | Common Stock | 4,677 | 0 | D |
| Employee Stock Option (right to buy)F4 | $20.06 | Aug 11, 2015 | M | 4,087 | D | — | Jan 4, 2021 | Common Stock | 4,087 | 8,616 | D |
Explanation of responses
- F1Shares sold pursuant to a 10b5-1 Trading Plan.
- F2This transaction was executed in multiple trades at prices ranging from $40.91 to $41.34, 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 25, 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, 2012 and 1/48 of the shares vested and became exercisable each month thereafter.