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4//SEC Filing

Hao Kenneth 4

Accession 0000899243-23-013966

CIK 0001739942other
View on SEC.govCompany Profile

Filed

May 25, 8:00 PM ET

Accepted

May 26, 4:27 PM ET

Size

27.9 KB

Accession

0000899243-23-013966

Insider Transaction Report

Form 4
Period: 2023-05-25
SolarWinds CorpSWI
Hao Kenneth
Director
Transactions
  • Award

    Common Stock

    2023-05-25+46,102→ 200,228 total(indirect: See footnotes)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,321

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,319

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV, L.P.)
    99,825
SLTA IV (GP), L.L.C.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-25+46,102→ 200,228 total(indirect: See footnotes)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,321

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,319

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV, L.P.)
    99,825
SLTA III (GP), L.L.C.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-25+46,102→ 200,228 total(indirect: See footnotes)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,321

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,319

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV, L.P.)
    99,825
Silver Lake Group, L.L.C.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-25+46,102→ 200,228 total(indirect: See footnotes)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,321

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV, L.P.)
    99,825

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,319
Silver Lake Partners IV, L.P.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-25+46,102→ 200,228 total(indirect: See footnotes)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,321

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,319

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV, L.P.)
    99,825
Silver Lake Technology Investors IV, L.P.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-25+46,102→ 200,228 total(indirect: See footnotes)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,319

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,321

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV, L.P.)
    99,825
Silver Lake Technology Investors III, L.P.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-25+46,102→ 200,228 total(indirect: See footnotes)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,321

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,319

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV, L.P.)
    99,825
Silver Lake Technology Associates IV, L.P.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-25+46,102→ 200,228 total(indirect: See footnotes)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,321

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,319

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV, L.P.)
    99,825
SLP Aurora Co-Invest, L.P.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-25+46,102→ 200,228 total(indirect: See footnotes)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,321

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV, L.P.)
    99,825

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,319
SLP Denali Co-Invest GP, L.L.C.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-25+46,102→ 200,228 total(indirect: See footnotes)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,321

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV, L.P.)
    99,825

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,319
Footnotes (7)
  • [F1]Represents restricted stock units awarded to each of Kenneth Y. Hao and Michael Widmann, directors of the Issuer and executives of Silver Lake Group, L.L.C. ("SLG"), 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.
  • [F2]Represents restricted stock units or shares of common stock held by Kenneth Y. Hao and Michael Widmann, directors of the Issuer and executives SLG and Jason White and Michael Bingle, former directors of the Issuer and executives of SLG, as part of the Issuer's director compensation program, for the benefit of one or more of the Reporting Persons and/or certain of their affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners.
  • [F3]These securities are directly held by Silver Lake Partners IV, L.P. ("SLP IV"). The general partner of SLP IV is Silver Lake Technology Associates IV, L.P. ("SLTA IV"), and the general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP").
  • [F4]These securities are directly held by Silver Lake Technology Investors IV, L.P. ("SLTI IV"). The general partner of SLTI IV is SLTA IV, and the general partner of SLTA IV is SLTA IV GP.
  • [F5]These securities are directly held by SLP Aurora Co-Invest, L.P. ("SLP Aurora"). The general partner of SLP Aurora is SLP Denali Co-Invest GP, L.L.C. ("SLP Denali GP"). The managing member of SLP Denali GP is Silver Lake Technology Associates III, L.P. ("SLTA III"), and the general partner of SLTA III is SLTA III (GP), L.L.C. ("SLTA III GP").
  • [F6]These securities are directly held by SLTA IV. The general partner of SLTA IV is SLTA IV GP. SLTA IV directly holds such shares and expects at a future date to distribute such shares to certain direct and indirect partners of SLTA IV, for the sole purpose of charitable giving.
  • [F7]SLG is the managing member of SLTA III GP and SLTA IV GP. Messrs. Kenneth Y. Hao and Michael Widmann serve as directors of the Issuer and are executives of SLG. Each of SLP IV, SLTI IV, SLTA IV, SLTA IV GP, SLP Aurora, SLP Denali GP, SLTA III, SLTA III GP and SLG may be deemed to be a director by deputization of the Issuer. This filing shall not be deemed an admission that for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, that the Reporting Persons are the beneficial owners of any equity securities in excess of their respective pecuniary interests, and each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.

Documents

1 file

Issuer

SolarWinds Corp

CIK 0001739942

→
Entity typeother

Related Parties

1
  • filerCIK 0001415357

Filing Metadata

Form type
4
Filed
May 25, 8:00 PM ET
Accepted
May 26, 4:27 PM ET
Size
27.9 KB
View on SEC.gov