SEC Form 4 · accession 0001209191-16-093274
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
Jan 21, 2016
Accepted (ET)
Jan 22, 2016 · 5:57 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 | Jan 21, 2016 | M | 2,792 | $10.00 | A | 77,273 | D | |
| Common Stock | Jan 21, 2016 | M | 4,692 | $20.06 | A | 81,965 | D | |
| Common Stock | Jan 21, 2016 | M | 4,191 | $28.03 | A | 86,156 | 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)F1 | $10.00 | Jan 21, 2016 | M | 2,792 | D | — | Apr 23, 2019 | Common Stock | 2,792 | 0 | D |
| Employee Stock Option (right to buy)F2 | $20.06 | Jan 21, 2016 | M | 4,692 | D | — | Jan 4, 2021 | Common Stock | 4,692 | 3,924 | D |
| Employee Stock Option (right to buy)F3 | $28.03 | Jan 21, 2016 | M | 4,191 | D | — | Jan 4, 2022 | Common Stock | 4,191 | 25,146 | D |
Explanation of responses
- F11/4th of the shares vested and became exercisable on the April 23, 2010 and 1/48th vested and became exercisable each month thereafter.
- F21/4th of the shares vested and became exercisable on January 4, 2012 and 1/48th of the shares vested and became exercisable each month thereafter.
- F31/60th of the shares vested and became exercisable on February 4, 2012 and each month thereafter.