HERMES USA INVESTORS VENTURE II, LP 4
4 · SolarWinds Corp · Filed Oct 24, 2018
Insider Transaction Report
Form 4
Transactions
- Conversion
Common Stock
2018-10-23+712,315→ 1,110,191 total - Conversion
Class A Common Stock
2018-10-23−10,658→ 0 total→ Common Stock (712,315 underlying)
Footnotes (2)
- [F1]Immediately prior to the completion of the Issuer's initial public offering and following the conversion of the Issuer's Class A Common Stock into Class B Common Stock, each share of Class B Common Stock was reclassified into one share of Common Stock.
- [F2]Immediately prior to the completion of the Issuer's initial public offering, each outstanding share of Class A Common Stock automatically converted into a number of shares of Class B Common Stock equal to the result of the liquidation value of such share of Class A Common Stock divided by $19.00. The liquidation value for each share of Class A Common Stock was equal to $1,000 plus accrued and unpaid dividends on such share of Class A Common Stock through October 18, 2018. In addition, the shares of the Issuer's Class A Common Stock were convertible, at the option of the holder, into shares of Class B Common Stock for a specified period of time ending on November 7, 2018.