Michael A. Widmann - Jul 26, 2021 Form 4 Insider Report for N-able, Inc. (NABL)

Role: Director
Signature: /s/ Michael A. Widmann
Stock symbol: NABL
Transactions as of: Jul 26, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/28/2021, 05:10 PM
Previous filing: Jul 26, 2021
Next filing: May 27, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NABL	Common Stock	Award	$0	+28K		$0.00^*	0	Jul 26, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units awarded to Michael Widmann, a director of the Issuer and an executive of Silver Lake Group, L.L.C. ("SLG") as part of the Issuer's non-employee director compensation program (the "Director Compensation Program"). The restricted stock units vest in equal annual installments on July 19, 2022, 2023 and 2024, subject to the director's continued service through the applicable vesting date.
F2	Mr. Widmann is a Director at Silver Lake Group, L.L.C. and is a member of the board of directors of the Issuer. These securities are held by Mr. Widmann for the benefit of Silver Lake Group, L.L.C. and/or certain of its 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. Mr. Widmann disclaims beneficial ownership of these securities and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose.

Content

Represents restricted stock units awarded to Michael Widmann, a director of the Issuer and an executive of Silver Lake Group, L.L.C. ("SLG") as part of the Issuer's non-employee director compensation program (the "Director Compensation Program"). The restricted stock units vest in equal annual installments on July 19, 2022, 2023 and 2024, subject to the director's continued service through the applicable vesting date.

Mr. Widmann is a Director at Silver Lake Group, L.L.C. and is a member of the board of directors of the Issuer. These securities are held by Mr. Widmann for the benefit of Silver Lake Group, L.L.C. and/or certain of its 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. Mr. Widmann disclaims beneficial ownership of these securities and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose.