Earnings Feed
Start Free
Home/Filings/4/0000899243-23-013970
4//SEC Filing

Bingle Michael J 4

Accession 0000899243-23-013970

CIK 0001834488other
View on SEC.govCompany Profile

Filed

May 25, 8:00 PM ET

Accepted

May 26, 4:30 PM ET

Size

27.9 KB

Accession

0000899243-23-013970

Insider Transaction Report

Form 4
Period: 2023-05-24
N-able, Inc.NABL
Silver Lake Technology Investors IV, L.P.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-24+23,636→ 173,305 total(indirect: See footnote)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV L.P.)
    99,825

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,320

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,318
Silver Lake Group, L.L.C.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-24+23,636→ 173,305 total(indirect: See footnote)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,318

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,320

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV L.P.)
    99,825
Silver Lake Partners IV, L.P.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-24+23,636→ 173,305 total(indirect: See footnote)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV L.P.)
    99,825

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,318

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,320
SLTA III (GP), L.L.C.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-24+23,636→ 173,305 total(indirect: See footnote)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,320

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,318

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV L.P.)
    99,825
SLTA IV (GP), L.L.C.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-24+23,636→ 173,305 total(indirect: See footnote)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,318

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,320

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV L.P.)
    99,825
Silver Lake Technology Associates IV, L.P.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-24+23,636→ 173,305 total(indirect: See footnote)
Holdings

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,318

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,320

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV L.P.)
    99,825
Silver Lake Technology Associates III, L.P.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-24+23,636→ 173,305 total(indirect: See footnote)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,320

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV L.P.)
    99,825

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,318
SLP Denali Co-Invest GP, L.L.C.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-24+23,636→ 173,305 total(indirect: See footnote)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,320

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV L.P.)
    99,825

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,318
Bingle Michael J
Director
Transactions
  • Award

    Common Stock

    2023-05-24+23,636→ 173,305 total(indirect: See footnote)
Holdings

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,320

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,318

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV L.P.)
    99,825
SLP Aurora Co-Invest, L.P.
Director10% Owner
Transactions
  • Award

    Common Stock

    2023-05-24+23,636→ 173,305 total(indirect: See footnote)
Holdings

  • Common Stock

    (indirect: Held through SLP Aurora Co-Invest, L.P.)
    17,323,318

  • Common Stock

    (indirect: Held through Silver Lake Partners IV, L.P.)
    43,338,406

  • Common Stock

    (indirect: Held through Silver Lake Technology Investors IV, L.P.)
    712,320

  • Common Stock

    (indirect: Held through Silver Lake Technology Associates IV L.P.)
    99,825
Footnotes (7)
  • [F1]Represents restricted stock units awarded to each of Michael J. Bingle and Michael Widmann, directors of the Issuer and executives of Silver Lake Group, L.L.C. ("SLG") as part of the Issuer's non-employee director compensation program. The restricted stock units vest in full on the day immediately preceding the Issuer's next annual meeting of stockholders following the grant date, subject to the director's continued service through such date.
  • [F2]Represents restricted stock units described in footnote (1) above and unvested restricted stock units and shares of common stock held by Kenneth Y. Hao, Michael J. Bingle, Michael Widmann and Jason White, executives of SLG, who were awarded shares of common stock of SolarWinds Corporation ("SolarWinds"), as part of SolarWinds's non-employee director compensation policy, and as a result of the spin-off of the Issuer from SolarWinds, received shares of common stock of the Issuer. Such shares of common stock of the Issuer are held for the benefit of one or more of the Reporting Persons and/or certain of their affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners.
  • [F3]These securities are directly held by SLP IV. The general partner of SLP IV is Silver Lake Technology Associates IV, L.P. ("SLTA IV"), and the general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP").
  • [F4]These securities are directly held by SLTI IV. The general partner of SLTI IV is SLTA IV, and the general partner of SLTA IV is SLTA IV GP.
  • [F5]These securities are directly held by SLP Aurora. The general partner of SLP Aurora is SLP Denali Co-Invest GP, L.L.C. ("SLP Denali GP"). The managing member of SLP Denali GP is Silver Lake Technology Associates III, L.P. ("SLTA III"), and the general partner of SLTA III is SLTA III (GP), L.L.C. ("SLTA III GP").
  • [F6]These securities are directly held by Silver Lake Technology Associates IV, L.P. ("SLTA IV"), which expects at a future date to further distribute such shares to certain direct and indirect partners of SLTA IV, for the sole purpose of charitable giving.
  • [F7]SLG is the managing member of SLTA III GP and SLTA IV GP. Messrs. Michael J. Bingle and Michael Widmann serve as directors of the Issuer and are executives of SLG. Each of SLP IV, SLTI IV, SLTA IV, SLTA IV GP, SLP Aurora, SLP Denali GP, SLTA III, SLTA III GP and SLG may be deemed to be a director by deputization of the Issuer. This filing shall not be deemed an admission that for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, that the Reporting Persons are the beneficial owners of any equity securities in excess of their respective pecuniary interests, and each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.

Documents

1 file

Issuer

N-able, Inc.

CIK 0001834488

→
Entity typeother

Related Parties

1
  • filerCIK 0001306831

Filing Metadata

Form type
4
Filed
May 25, 8:00 PM ET
Accepted
May 26, 4:30 PM ET
Size
27.9 KB
View on SEC.gov