Tim James O'Brien - May 15, 2023 Form 4/A - Amendment Insider Report for N-able, Inc. (NABL)

Role: EVP, Chief Financial Officer
Signature: /s/ Kate Salley, Attorney-in-Fact for Timothy O'Brien
Stock symbol: NABL
Transactions as of: May 15, 2023
Transactions value $: -$208,433
Form type: 4/A - Amendment
Date filed: 5/18/2023, 05:30 PM
Date Of Original Report: May 17, 2023
Previous filing: Mar 31, 2023
Next filing: Aug 17, 2023

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	Sale	-$106K	-7.5K	-1.41%	$14.08	524K	May 15, 2023	Direct	F1
transaction	NABL	Common Stock, par value $0.001 per share	Tax liability	-$103K	-7.34K	-1.4%	$14.01	516K	May 15, 2023	Direct	F2

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The original Form 4 incorrectly indicated that these shares were withheld to satisfy tax withholding obligations. The sales reported in this line were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2022.
F2	The original Form 4 inadvertently omitted the footnote for this line. This line reflects shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.