Tim James O'Brien - Feb 7, 2024 Form 4 Insider Report for N-able, Inc. (NABL)

Signature
/s/ Kate Salley, Attorney-in-Fact for Timothy O'Brien
Stock symbol
NABL
Transactions as of
Feb 7, 2024
Transactions value $
-$193,766
Form type
4
Date filed
2/9/2024, 04:57 PM
Previous filing
Nov 17, 2023
Next filing
Feb 20, 2024

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 +150K +29.9% $0.00 652K Feb 7, 2024 Direct F1
transaction NABL Common Stock, par value $0.001 per share Tax liability -$194K -14.4K -2.21% $13.47 637K Feb 7, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units awarded pursuant to the issuer's 2021 Equity Incentive Plan for which performance criteria has been satisfied that entitle the reporting person to receive one share of the issuer's common stock per performance stock unit upon vesting. The performance stock units vest in three equal installments on each of February 7, 2024, February 15, 2025 and February 15, 2026, subject to continued service through each applicable date.
F2 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of performance stock units.