Tim James O'Brien - Jul 26, 2021 Form 4 Insider Report for N-able, Inc. (NABL)

Role: EVP, Chief Financial Officer
Signature: /s/ Peter Anastos Attorney-in-Fact for Timothy O'Brien
Stock symbol: NABL
Transactions as of: Jul 26, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/28/2021, 09:54 PM
Previous filing: Jul 22, 2021
Next filing: Aug 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NABL	Common Stock, par value $0.001 per share	Award	$0	+46.8K	+29.84%	$0.00	204K	Jul 26, 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units ("RSUs") of SolarWinds Corporation ("SolarWinds") assumed by Issuer in connection with the spin-off of Issuer from SolarWinds completed on July 19, 2021 and converted into RSUs of Issuer, with the reporting person receiving a number of Issuer RSUs equal to the number of SolarWinds RSUs multiplied by 1.3162 (rounded down to the nearest whole number of shares). The RSUs vest as follows: (a) with respect to 17,548 RSUs, 8,774 will vest on each of October 23, 2021 and October 23, 2022, (b) with respect to 14,852 RSUs, 9.09% will vest each quarter over the following eleven quarters on the respective quarterly vesting dates of May 15, August 15, November 15 and February 15 and (c) with respect to 14,404 RSUs, 7,202 will vest on each of February 15, 2022 and February 15, 2023, in each case subject to continued service through each applicable date.

Content

Reflects restricted stock units ("RSUs") of SolarWinds Corporation ("SolarWinds") assumed by Issuer in connection with the spin-off of Issuer from SolarWinds completed on July 19, 2021 and converted into RSUs of Issuer, with the reporting person receiving a number of Issuer RSUs equal to the number of SolarWinds RSUs multiplied by 1.3162 (rounded down to the nearest whole number of shares). The RSUs vest as follows: (a) with respect to 17,548 RSUs, 8,774 will vest on each of October 23, 2021 and October 23, 2022, (b) with respect to 14,852 RSUs, 9.09% will vest each quarter over the following eleven quarters on the respective quarterly vesting dates of May 15, August 15, November 15 and February 15 and (c) with respect to 14,404 RSUs, 7,202 will vest on each of February 15, 2022 and February 15, 2023, in each case subject to continued service through each applicable date.