Form 4 for NABL N-able, Inc.
Accepted 2023-02-28 00:00:00 ET · period of report 2023-02-27 · accession 0001834488-23-000027 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-28 | 2023-02-27 | NABL | Colletti Frank | EVP, Worldwide Sales | S - Sale+OE | $11.59 | -26.3K | 385.2K | -6% | -$305.0K |
| DM | 2023-02-28 | 2023-02-27 | NABL | Colletti Frank | EVP, Worldwide Sales | M - OptEx | $0.7996 | +26.3K | 390.5K | +7% | +$21.0K |
| DM | 2023-02-28 | 2023-02-27 | NABL | Colletti Frank | EVP, Worldwide Sales | M - OptEx | $0.00 | -26.3K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 per share | 2023-02-27 | S | D | 26,316 | $11.59 | 385,210 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.70, inclusive. The reporting person undertakes to provide to N-able, Inc., any security holder of N-able, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4. |
| 2 | Common | Common Stock, par value $0.001 per share | 2023-02-27 | M | A | 6,581 | $1.60 | 411,526 | D | — | — | |
| 3 | Common | Common Stock, par value $0.001 per share | 2023-02-27 | M | A | 14,473 | $0.57 | 404,945 | D | — | — | |
| 4 | Common | Common Stock, par value $0.001 per share | 2023-02-27 | M | A | 5,262 | $0.43 | 390,472 | D | — | — | |
| 5 | Derivative | Stock Option | 2023-02-27 | M | D | 723 | $0.00 | 0 | D | $0.57 · 2021-07-26 to 2028-03-20 | 723 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 6 | Derivative | Stock Option | 2023-02-27 | M | D | 329 | $0.00 | 0 | D | $0.43 · 2021-07-26 to 2028-03-20 | 329 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 7 | Derivative | Stock Option | 2023-02-27 | M | D | 723 | $0.00 | 0 | D | $0.57 · 2021-07-26 to 2028-03-20 | 723 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 8 | Derivative | Stock Option | 2023-02-27 | M | D | 460 | $0.00 | 0 | D | $0.43 · 2021-07-26 to 2028-03-20 | 460 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 9 | Derivative | Stock Option | 2023-02-27 | M | D | 460 | $0.00 | 0 | D | $0.43 · 2021-07-26 to 2030-06-23 | 460 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 10 | Derivative | Stock Option | 2023-02-27 | M | D | 1,013 | $0.00 | 0 | D | $0.57 · 2021-07-26 to 2030-06-23 | 1,013 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 11 | Derivative | Stock Option | 2023-02-27 | M | D | 197 | $0.00 | 0 | D | $0.43 · 2021-07-26 to 2030-06-23 | 197 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 12 | Derivative | Stock Option | 2023-02-27 | M | D | 434 | $0.00 | 0 | D | $0.57 · 2021-07-26 to 2030-06-23 | 434 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 13 | Derivative | Stock Option | 2023-02-27 | M | D | 197 | $0.00 | 0 | D | $0.43 · 2021-07-26 to 2030-06-23 | 197 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 14 | Derivative | Stock Option | 2023-02-27 | M | D | 434 | $0.00 | 0 | D | $0.57 · 2021-07-26 to 2030-06-23 | 434 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 15 | Derivative | Stock Option | 2023-02-27 | M | D | 2,632 | $0.00 | 0 | D | $0.43 · 2021-07-26 to 2027-06-08 | 2,632 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 16 | Derivative | Stock Option | 2023-02-27 | M | D | 7,239 | $0.00 | 0 | D | $0.57 · — to 2027-09-26 | 7,239 Common Stock | (F4) At the time of the Conversion, 4,344 of these stock options awards were fully vested, 1,447 vested on September 26, 2021 and 1,448 vested on September 26, 2022. |
| 17 | Derivative | Stock Option | 2023-02-27 | M | D | 329 | $0.00 | 0 | D | $0.43 · 2021-07-26 to 2028-03-20 | 329 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 18 | Derivative | Stock Option | 2023-02-27 | M | D | 1,447 | $0.00 | 0 | D | $0.57 · 2021-07-26 to 2027-09-26 | 1,447 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 19 | Derivative | Stock Option | 2023-02-27 | M | D | 658 | $0.00 | 0 | D | $0.43 · 2021-07-26 to 2027-06-08 | 658 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |
| 20 | Derivative | Stock Option | 2023-02-27 | M | D | 6,581 | $0.00 | 0 | D | $1.60 · — to 2028-03-20 | 6,581 Common Stock | (F2) Such stock option awards were granted by SolarWinds Corporation ("SolarWinds") and were converted into equity awards (the "Conversion") of the Issuer in connection with the spin-off of Issuer from SolarWinds completed on July 19, 2021. At the time of the Conversion, 4,936 of these stock options awards were fully vested and 1,645 of these stock options vested on March 20, 2022. |
| 21 | Derivative | Stock Option | 2023-02-27 | M | D | 1,447 | $0.00 | 0 | D | $0.57 · 2022-02-02 to 2031-04-13 | 1,447 Common Stock | |
| 22 | Derivative | Stock Option | 2023-02-27 | M | D | 1,013 | $0.00 | 0 | D | $0.57 · 2021-07-26 to 2028-03-20 | 1,013 Common Stock | (F3) At the time of the Conversion, these stock options were fully vested. |