Filing Details

Accession Number:
0001181431-10-020784
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-07 13:00:00
Reporting Period:
2010-04-05
Filing Date:
2010-04-07
Accepted Time:
2010-04-07 18:53:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1428669 Solarwinds Inc. SWI Services-Prepackaged Software (7372) 731559348
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1428952 G Douglas Hibberd C/O Solarwinds, Inc.
3711 S. Mopac Expy., Bldg. Two
Austin TX 78746
Senior Vp, Engineering No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-04-05 12,300 $2.69 12,300 No 4 M Direct
Common Stock Disposition 2010-04-05 12,300 $21.99 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2010-04-05 12,300 $0.00 12,300 $2.69
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
63,010 2016-08-08 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option (right to buy) $2.69 2016-08-08 110,000 110,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-08-08 110,000 110,000 Indirect
Footnotes
  1. Shares sold pursuant to a 10b5-1 Trading Plan.
  2. This transaction was executed in multiple trades at prices ranging from $21.62 to $22.22, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold and each separate price within the range set forth in this footnote.
  3. Options subject to a right of early exercise by Mr. Hibberd prior to vesting and a right of repurchase by issuer that lapses in accordance with the following vesting schedule: 1/4th of the shares vested on August 7, 2007 and 1/48th vest each month thereafter.
  4. Vested options held by Clontarf Investments, Ltd. Clontarf Investments GP, LLC is the general partner of Clontarf Investments, Ltd. Mr. Hibberd and his wife are the sole members of Clontarf Investments GP, LLC and, by virtue of this relationship, may be deemed to have voting and dispositive power over the shares issuable upon the exercise of the options held by Clontarf Investments Ltd. Mr. Hibberd disclaims beneficial ownership of the shares held by Clontarf except to the extent of his pecuniary interest therein.