{"transactions":[{"id":2628751,"issuer":{"id":5203,"kind":"organization","name":"N-able, Inc."},"owners":[{"id":80691,"kind":"organization","name":"SolarWinds Corp","symbol":"SWI","position":1,"cik":"0001739942","reported_name":"SolarWinds Corp","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock, par value $0.001 per share","published_at":"2021-07-21T21:02:09.000Z","date":"2021-07-19","kind":"other","acquired":false,"shares":158231020,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On July 19, 2021, due to an internal distribution of the common stock of N-able, Inc. (\"N-able\"), a Delaware corporation, to SolarWinds Corporation (\"SolarWinds\"), a Delaware corporation, by certain wholly owned subsidiaries of SolarWinds, SolarWinds became the direct owner of the 1,000 shares of common stock of N-able. This internal distribution was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the \"Exchange Act\") pursuant to Rule 16a-13 under the Exchange Act."},{"field":"kind","element":"transactionCoding","label":"F2","text":"Pursuant to the Amended and Restated Certificate of Incorporation of N-able filed by N-able with the Secretary of the State of Delaware on July 16, 2021, on July 16, 2021, the 1,000 outstanding shares of common stock of N-able were automatically converted into an aggregate of 158,231,020 fully-paid and nonassessable shares of common stock of N-able (the \"Recapitalization\"). The Recapitalization was exempt pursuant to Rules 16a-9 and 16b-7 under the Exchange Act and did not result in a change in the pecuniary interest of SolarWinds in N-able."},{"field":"kind","element":"transactionCoding","label":"F3","text":"On July 19, 2021, 158,231,020 shares of common stock of N-able were distributed by SolarWinds by way of a pro rata dividend to its stockholders (the \"Distribution\"), which was exempt from Section 16 pursuant to Rule 16a-9 under the Exchange Act. As a result of the Distribution, SolarWinds no longer beneficially owns any shares of N-able and consequently is no longer subject to the requirements of Section 16 of the Exchange Act with respect to N-able."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On July 19, 2021, due to an internal distribution of the common stock of N-able, Inc. (\"N-able\"), a Delaware corporation, to SolarWinds Corporation (\"SolarWinds\"), a Delaware corporation, by certain wholly owned subsidiaries of SolarWinds, SolarWinds became the direct owner of the 1,000 shares of common stock of N-able. This internal distribution was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the \"Exchange Act\") pursuant to Rule 16a-13 under the Exchange Act."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Pursuant to the Amended and Restated Certificate of Incorporation of N-able filed by N-able with the Secretary of the State of Delaware on July 16, 2021, on July 16, 2021, the 1,000 outstanding shares of common stock of N-able were automatically converted into an aggregate of 158,231,020 fully-paid and nonassessable shares of common stock of N-able (the \"Recapitalization\"). The Recapitalization was exempt pursuant to Rules 16a-9 and 16b-7 under the Exchange Act and did not result in a change in the pecuniary interest of SolarWinds in N-able."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"On July 19, 2021, 158,231,020 shares of common stock of N-able were distributed by SolarWinds by way of a pro rata dividend to its stockholders (the \"Distribution\"), which was exempt from Section 16 pursuant to Rule 16a-9 under the Exchange Act. As a result of the Distribution, SolarWinds no longer beneficially owns any shares of N-able and consequently is no longer subject to the requirements of Section 16 of the Exchange Act with respect to N-able."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0001628280-21-014170","document":"wf-form4_162690130050465.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1834488/000162828021014170/wf-form4_162690130050465.xml","form_type":"4"}}]}