Sudhakar Ramakrishna - Feb 15, 2025 Form 4 Insider Report for SolarWinds Corp (SWI)

Role
CEO & President, Director
Signature
/s/ Jason W. Bliss Attorney-in-Fact for Sudhakar Ramakrishna
Stock symbol
SWI
Transactions as of
Feb 15, 2025
Transactions value $
$5,428,577
Form type
4
Date filed
2/19/2025, 04:16 PM
Previous filing
Jan 7, 2025
Next filing
Mar 11, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWI Common Stock Tax liability -$700K -38.3K -1.81% $18.30 2.08M Feb 15, 2025 Direct F1
transaction SWI Common Stock Tax liability -$737K -40.3K -1.94% $18.30 2.04M Feb 15, 2025 Direct F2
transaction SWI Common Stock Award $8.04M +439K +21.54% $18.32 2.48M Feb 18, 2025 Direct F3
transaction SWI Common Stock Tax liability -$1.18M -64.2K -2.59% $18.32 2.41M Feb 18, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units.
F2 Represents the number of shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of performance stock units.
F3 Represents performance share units awarded pursuant to the issuer's 2018 Equity Incentive Plan for which performance criteria has been satisfied that entitle the reporting person to receive one share of the issuer's common stock per performance share unit upon vesting. The performance share units vest 1/3rd on February 18, 2025 and 1/12th per quarter over the following eight quarters commencing on May 15, 2025, subject to continued service through each applicable date.