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Filing Details

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
1126813	S Michael Bennett	C/O Solarwinds, Inc. 3711 S. Mopac Expy., Bldg Two Austin TX 78746	Executive Chairman	Yes	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	2010-05-11	40,241	$2.69	40,241	No	4	M	Direct
Common Stock	Disposition	2010-05-11	40,241	$19.32	0	No	4	S	Direct
Common Stock	Acquisiton	2010-05-11	19,800	$2.69	19,800	No	4	M	Indirect	by LP
Common Stock	Disposition	2010-05-11	19,800	$19.32	0	No	4	S	Indirect	by LP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct
No	4	M	Indirect	by LP
No	4	S	Indirect	by LP

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	2010-05-11	40,241	$0.00	40,241	$2.69
Common Stock	Employee Stock Option (right to buy)	Disposition	2010-05-11	19,800	$0.00	19,800	$2.69

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,121,712		2016-07-26	No	4	M	Direct
1,020,222		2016-07-26	No	4	M	Indirect

Footnotes

Shares sold pursuant to a 10b5-1 Trading Plan.
This transaction was executed in multiple trades at prices ranging from $18.79 to $19.62, 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 ranges set forth in footnotes (2) and (3) of this form.
This transaction was executed in multiple trades at prices ranging from $18.79 to $19.62, inclusive. The price reported above reflects the weighted average sale price.
Vested options held by MSB Asset Management, LP. MSB Asset Management GP, LLC is the general partner of the MSB Asset Management, L.P. Mr. Bennett is the sole manager of MSB Asset Management 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 options held by MSB Asset Management, L.P. Mr. Bennett disclaims beneficial ownership of the shares issuable upon the exercise of options held by MSB Asset Management, L.P. except to the extent of his pecuniary interest therein.
Grant subject to a right of early exercise by Mr. Bennett prior to vesting and a right of repurchase by issuer that lapses in accordance with the vesting schedule. 1/4th of the shares vested on May 30, 2007 and 1/48th of the shares vest each month thereafter.