Sec Form 4 Filing - AlpInvest Partners B.V. @ SolarWinds Corp - 2018-10-23

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
AlpInvest Partners B.V.
2. Issuer Name and Ticker or Trading Symbol
SolarWinds Corp [ SWI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Remarks.
(Last) (First) (Middle)
JACHTHAVENWEG 118,
3. Date of Earliest Transaction (MM/DD/YY)
10/23/2018
(Street)
1081 KJ AMSTERDAM, P7
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ( 1 ) 10/23/2018 C( 2 ) 3,561,577 ( 3 ) A 5,550,955 ( 4 ) I See footnote ( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class A Common Stock ( 2 ) 10/23/2018 C( 2 ) 53,292 ( 6 ) ( 2 ) ( 2 ) Common Stock ( 1 ) 3,561,577 ( 2 ) ( 3 ) ( 2 ) 0 I See footnote ( 5 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
AlpInvest Partners B.V.
JACHTHAVENWEG 118
1081 KJ AMSTERDAM, P7
See Remarks.
AlpInvest GA B.V.
C/O ALPINVEST PARTNERS B.V.
JACHTHAVENWEG 118
1081 KJ AMSTERDAM, P7
See Remarks.
AlpInvest GA Co C.V.
C/O ALPINVEST PARTNERS B.V.
JACHTHAVENWEG 118
1081 KJ AMSTERDAM, P7
See Remarks.
AlpInvest Partners 2014 I B.V.
C/O ALPINVEST PARTNERS B.V.
JACHTHAVENWEG 118
1081 KJ AMSTERDAM, P7
See Remarks.
AlpInvest Partners Co-Investments 2014 I C.V.
C/O ALPINVEST PARTNERS B.V.
JACHTHAVENWEG 118
1081 KJ AMSTERDAM, P7
See Remarks.
Alpinvest Partners 2014 II B.V.
C/O ALPINVEST PARTNERS B.V.
JACHTHAVENWEG 118
1081 KJ AMSTERDAM, P7
See Remarks.
AlpInvest Partners Co-Investments 2014 II C.V.
C/O ALPINVEST PARTNERS B.V.
JACHTHAVENWEG 118
1081 KJ AMSTERDAM, P7
See Remarks.
AlpInvest Mich B.V.
C/O ALPINVEST PARTNERS B.V.
JACHTHAVENWEG 118
1081 KJ AMSTERDAM, P7
See Remarks.
AM 2014 CO C.V.
C/O ALPINVEST PARTNERS B.V.
JACHTHAVENWEG 118
1081 KJ AMSTERDAM, P7
See Remarks.
Signatures
/s/ Patrick de van der Schueren 10/24/2018
Signature of Reporting Person Date
/s/ Marc Rademakers 10/24/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Immediately prior to the completion of the Issuer's initial public offering and following the conversion of the Issuer's Class A Common Stock into Class B Common Stock, each share of Class B Common Stock was reclassified into one share of Common Stock.
( 2 )Immediately prior to the completion of the Issuer's initial public offering, each outstanding share of Class A Common Stock automatically converted into a number of shares of Class B Common Stock equal to the result of the liquidation value of such share of Class A Common Stock divided by $19.00. The liquidation value for each share of Class A Common Stock was equal to $1,000 plus accrued and unpaid dividends on such share of Class A Common Stock through October 18, 2018. In addition, the shares of the Issuer's Class A Common Stock were convertible, at the option of the holder, into shares of Class B Common Stock for a specified period of time ending on November 7, 2018.
( 3 )Consists of 42,739 shares held directly by AlpInvest GA CO C.V., 2,948,986 shares held directly by AlpInvest Partners Co-Investments 2014 I C.V., 477,963 shares held directly by AlpInvest Partners Co-Investments 2014 II C.V., and 91,889 shares held directly by AM 2014 CO C.V.
( 4 )Consists of 66,611 shares held directly by AlpInvest GA CO C.V., 4,596,192 shares held directly by AlpInvest Partners Co-Investments 2014 I C.V., 744,938 shares held directly by AlpInvest Partners Co-Investments 2014 II C.V., and 143,214 shares held directly by AM 2014 CO C.V.
( 5 )AlpInvest GA, B.V. is the general partner of AlpInvest GA Co C.V. AlpInvest Partners 2014 I B.V. is the general partner of AlpInvest Partners Co-Investments 2014 I C.V. AlpInvest Partners 2014 II B.V. is the general partner of AlpInvest Partners Co-Investment 2014 II C.V. AlpInvest Mich B.V. is the general partner of AM 2014 CO C.V. AlpInvest Partners B.V. is the managing director of each of AlpInvest GA B.V., AlpInvest Partners 2014 I B.V., AlpInvest Partners 2014 II B.V. and AlpInvest Mich B.V. (collectively, the "General Partners"). AlpInvest Partners B.V. may be deemed to exercise voting and dispositive power with respect to the shares held by AlpInvest GA CO C.V., AlpInvest Partners Co-Investments 2014 I C.V., AlpInvest Partners Co-Investments 2014 II C.V., and AM 2014 CO C.V. (collectively, the "Funds"). Each of AlpInvest Partners B.V. and the General Partners disclaims beneficial ownership of the shares owned by the Funds except to the extent of its pecuniary interest therein.
( 6 )Consists of 640 shares held directly by AlpInvest GA CO C.V., 44,126 shares held directly by AlpInvest Partners Co-Investments 2014 I C.V., 7,152 shares held directly by AlpInvest Partners Co-Investments 2014 II C.V., and 1,375 shares held directly by AM 2014 CO C.V.

Remarks:
Remarks:By virtue of a stockholders' agreement entered into by the Reporting Persons in connection with the Issuer's initial public offering, the Reporting Persons may be deemed to be members of a group which holds in the aggregate more than 10% of the Issuer's stock.

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