0001739942-24-000079.txt : 20240524 0001739942-24-000079.hdr.sgml : 20240524 20240524161102 ACCESSION NUMBER: 0001739942-24-000079 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240523 FILED AS OF DATE: 20240524 DATE AS OF CHANGE: 20240524 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Benko Cathleen A CENTRAL INDEX KEY: 0001745151 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38711 FILM NUMBER: 24984421 MAIL ADDRESS: STREET 1: ONE BOWERMAN DRIVE CITY: BEAVERTON STATE: OR ZIP: 97005 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SolarWinds Corp CENTRAL INDEX KEY: 0001739942 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology 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 wk-form4_1716581441.xml FORM 4 X0508 4 2024-05-23 0 0001739942 SolarWinds Corp SWI 0001745151 Benko Cathleen A C/O SOLARWINDS CORPORATION 7171 SOUTHWEST PARKWAY, BUILDING 400 AUSTIN TX 78735 1 0 0 0 0 Common Stock 2024-05-23 4 A 0 17573 0 A 91009 D Represents restricted stock units awarded pursuant to the annual equity grant under the issuer's non-employee director compensation policy 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 100% on the one-year anniversary of the grant date, subject to continued service through such date. On March 15, 2024, the Issuer's Board of Directors declared a special cash dividend, payable on April 15, 2024 to holders of record as of April 3, 2024. 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 1.0854 restricted stock units, respectively. 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 Attorney-in-Fact for Cathleen A. Benko 2024-05-24