SEC Form 4 · accession 0000899243-18-027385
SolarWinds Corp · SWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason White
Director
Period of report
Oct 23, 2018
Accepted (ET)
Oct 24, 2018 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001739942
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Oct 23, 2018 | A | 30,666 | $0.00 | A | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant to Jason White of 30,666 restricted stock units, as part of the Issuer's non-employee director compensation program. These restricted stock units will vest over a period of four years from the date of grant, subject to the director's continued service through the vesting dates.
- F2Mr. White is a Director at Silver Lake Group, L.L.C. and is a member of the board of directors of the Issuer. These securities are held by Mr. White for the benefit of Silver Lake Group, L.L.C. and/or certain of its affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners. Mr. White disclaims beneficial ownership of these securities and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose.