0001739942-22-000002.txt : 20220106
0001739942-22-000002.hdr.sgml : 20220106
20220106160732
ACCESSION NUMBER: 0001739942-22-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220104
FILED AS OF DATE: 20220106
DATE AS OF CHANGE: 20220106
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ramakrishna Sudhakar
CENTRAL INDEX KEY: 0001504970
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38711
FILM NUMBER: 22514882
MAIL ADDRESS:
STREET 1: 4750 WILLOW RD.
CITY: PLEASANTON
STATE: CA
ZIP: 94588
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SolarWinds Corp
CENTRAL INDEX KEY: 0001739942
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 810753267
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 7171 SOUTHWEST PKWY., BLDG. 400
CITY: AUSTIN
STATE: TX
ZIP: 78735
BUSINESS PHONE: 5126829300
MAIL ADDRESS:
STREET 1: 7171 SOUTHWEST PKWY., BLDG. 400
CITY: AUSTIN
STATE: TX
ZIP: 78735
FORMER COMPANY:
FORMER CONFORMED NAME: SolarWinds Parent, Inc.
DATE OF NAME CHANGE: 20180508
4
1
wf-form4_164150324034398.xml
FORM 4
X0306
4
2022-01-04
0
0001739942
SolarWinds Corp
SWI
0001504970
Ramakrishna Sudhakar
7171 SOUTHWEST PARKWAY
BUILDING 400
AUSTIN
TX
78735
1
1
0
0
CEO & President
Common Stock
2022-01-04
4
F
0
65880
14.16
D
1069676
D
Represents the number of shares withheld to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units.
On July 19, 2021, the Issuer announced the completion of the spin-off of its N-able business. In connection with the spin-off, outstanding Issuer restricted stock units were adjusted such that each restricted stock unit award was converted into 1.5744 restricted stock units. The table above reflects the number of restricted stock units, as adjusted for the spin-off.
The number of securities beneficially owned has been adjusted to reflect the 1-for-2 reverse stock split effected by the Issuer on July 30, 2021.
On July 30, 2021, the Issuer's Board of Directors declared a special cash dividend, payable on August 9, 2021. As a result, pursuant to the anti-dilution provisions of the Issuer's 2018 Equity Incentive Plan, outstanding restricted stock units were adjusted such that each restricted stock unit awarded to the reporting person was converted into 1.0862 restricted stock units. The number of securities beneficially owned has been adjusted to reflect the inclusion of such restricted stock units, as adjusted in connection with the special cash dividend.
/s/ Jason W. Bliss, General Counsel (attorney-in-fact) for Sudhakar Ramakrishna
2022-01-06