Kathleen Pai - Jul 26, 2021 Form 4/A Insider Report for N-able, Inc. (NABL)

Role: EVP, Chief People Officer
Signature: /s/ Kate Salley, Attorney-in-Fact for Kathleen Pai
Stock symbol: NABL
Transactions as of: Jul 26, 2021
Transactions value $: $0
Form type: 4/A
Date filed: 8/9/2024, 04:29 PM
Date Of Original Report: Jul 28, 2021
Previous filing: Jul 22, 2021
Next filing: Aug 20, 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	+157K	+213.42%	$0.00	230K	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	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 82,923 RSUs, 27,641 will vest on each of February 15, 2022, February 15, 2023 and February 15, 2024 and (b) with respect to 73,713 RSUs, 36,856 will vest on February 15, 2022 and 36,857 will vest on February 15, 2023, in each case of (a)-(b) subject to continued service through each applicable date.
F2	This Form 4/A is filed to amend the original Form 4 filed by the reporting person on July 28, 2021, which incorrectly reported (i) the amount of securities acquired as 156,631 shares. and (ii) the amount of securities beneficially owned following the reported transactions 313,267 shares. The correct amounts are 156,636 shares and 230,030 shares, respectively.

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 82,923 RSUs, 27,641 will vest on each of February 15, 2022, February 15, 2023 and February 15, 2024 and (b) with respect to 73,713 RSUs, 36,856 will vest on February 15, 2022 and 36,857 will vest on February 15, 2023, in each case of (a)-(b) subject to continued service through each applicable date.

This Form 4/A is filed to amend the original Form 4 filed by the reporting person on July 28, 2021, which incorrectly reported (i) the amount of securities acquired as 156,631 shares. and (ii) the amount of securities beneficially owned following the reported transactions 313,267 shares. The correct amounts are 156,636 shares and 230,030 shares, respectively.