Tim James O'Brien - Feb 20, 2025 Form 4/A - Amendment Insider Report for N-able, Inc. (NABL)

Role
EVP, Chief Financial Officer
Signature
/s/ Kate Salley, Attorney-in-Fact for Timothy O'Brien
Stock symbol
NABL
Transactions as of
Feb 20, 2025
Transactions value $
-$103,233
Form type
4/A - Amendment
Date filed
2/28/2025, 04:34 PM
Date Of Original Report
Feb 24, 2025
Previous filing
Feb 19, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NABL Common Stock, par value $0.001 per share Award $0 +64.2K +14.06% $0.00 521K Feb 20, 2025 Direct F1
transaction NABL Common Stock, par value $0.001 per share Award $0 +115K +22.14% $0.00 636K Feb 20, 2025 Direct F2, F3
transaction NABL Common Stock, par value $0.001 per share Tax liability -$103K -10.3K -1.63% $9.98 625K Feb 20, 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units awarded pursuant to the issuer's 2021 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 stock unit upon vesting. The performance stock units vest in three equal installments on each of February 20, 2025, February 15, 2026 and February 15, 2027, subject to continued service through each applicable date.
F2 Represents restricted stock units awarded pursuant to the issuer's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the issuer's common stock per restricted stock unit upon vesting. The restricted stock units vest 25% on the anniversary of February 15, 2025 and 6.25% per quarter over the following twelve quarters on the respective quarterly vesting dates of May 15, August 15, November 15 and February 15, subject to continued service through each applicable date.
F3 This Form 4/A is filed to amend the original Form 4 filed by the reporting person on February 24, 2025, which incorrectly reported (i) the amount of securities acquired as 57,633 shares and (ii) the amount of securities beneficially owned following the reported transactions as 567,819 shares. The correct amounts are 115,266 shares and 625,452 shares, respectively.
F4 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of performance stock units.