Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 4)*
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SolarWinds Corporation (Name of Issuer) |
Common Stock, par value $0.001 per share (Title of Class of Securities) |
83417Q204 (CUSIP Number) |
04/16/2025 (Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
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SCHEDULE 13G
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CUSIP No. | 83417Q204 |
1 | Names of Reporting Persons
Silver Lake Partners IV, L.P. | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
DELAWARE
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
0 % | ||||||||
12 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13G
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CUSIP No. | 83417Q204 |
1 | Names of Reporting Persons
Silver Lake Technology Investors IV, L.P. | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
DELAWARE
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
0 % | ||||||||
12 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13G
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CUSIP No. | 83417Q204 |
1 | Names of Reporting Persons
Silver Lake Technology Associates IV, L.P. | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
DELAWARE
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
0 % | ||||||||
12 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13G
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CUSIP No. | 83417Q204 |
1 | Names of Reporting Persons
SLTA IV (GP), L.L.C. | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
DELAWARE
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
0 % | ||||||||
12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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CUSIP No. | 83417Q204 |
1 | Names of Reporting Persons
SLP Aurora Co-Invest, L.P. | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
DELAWARE
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
0 % | ||||||||
12 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13G
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CUSIP No. | 83417Q204 |
1 | Names of Reporting Persons
SLP Denali Co-Invest GP, L.L.C. | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
DELAWARE
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
0 % | ||||||||
12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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CUSIP No. | 83417Q204 |
1 | Names of Reporting Persons
Silver Lake Technology Associates III, L.P. | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
DELAWARE
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
0 % <
/td> | ||||||||
12 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13G
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CUSIP No. | 83417Q204 |
1 | Names of Reporting Persons
SLTA III (GP), L.L.C. | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
DELAWARE
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
0 % | ||||||||
12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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CUSIP No. | 83417Q204 |
1 | Names of Reporting Persons
Silver Lake Group, L.L.C. | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
DELAWARE
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
0.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
0 % | ||||||||
12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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Item 1. | |
(a) | Name of issuer:
SolarWinds Corporation |
(b) | Address of issuer's principal executive offices:
7171 Southwest Parkway, Building 400, Austin, Texas 78735 |
Item 2. | |
(a) | Name of person filing:
This Amendment No. 4 to Schedule 13G is being filed jointly by Silver Lake Partners IV, L.P., a Delaware limited partnership ("SLP IV"), Silver Lake Technology Investors IV, L.P., a Delaware limited partnership ("SLTI IV"), Silver Lake Technology Associates IV, L.P., a Delaware limited partnership ("SLTA IV"), SLTA IV (GP), L.L.C., a Delaware limited liability company ("SLTA IV GP"), SLP Aurora Co-Invest, L.P., a Delaware limited partnership ("SLP Aurora"), SLP Denali Co-Invest GP, L.L.C., a Delaware limited liability company ("SLP Denali GP"), Silver Lake Technology Associates III, L.P., a Delaware limited partnership ("SLTA III"), SLTA III (GP), L.L.C., a Delaware limited liability company ("SLTA III GP"), and Silver Lake Group, L.L.C., a Delaware limited liability company ("SLG") (each a "Reporting Person" and, together, the "Reporting Persons"), pursuant to an agreement of joint filing.The general partner of each of SLP IV and SLTI IV is SLTA IV and the general partner of SLTA IV is SLTA IV GP. The general partner of SLP Aurora is SLP Denali GP, and the managing member of SLP Denali GP is SLTA III. The general partner of SLTA III is SLTA III GP. The managing member of SLTA III GP and SLTA IV GP is SLG. |
(b) | Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is as follows:c/o Silver Lake2775 Sand Hill Road, Suite 100Menlo Park, CA 94025 |
(c) | Citizenship:
See response to Item 4 of each of the cover pages and Item 2(a) above. |
(d) | Title of class of securities:
Common Stock, par value $0.001 per share |
(e) | CUSIP No.:
83417Q204 |
Item 4. | Ownership |
(a) | Amount beneficially owned:
The information contained in rows 5, 6, 7, 8, 9, 10, and 11 on each of the cover pages of this Schedule 13G is incorporated by reference in its entirety into this Item 4.On April 16, 2025, pursuant to the Agreement and Plan of Merger dated as of February 7, 2025, by and among Starlight Parent, LLC ("Parent"), Starlight Merger Sub, Inc. ("Merger Subsidiary"), and the Issuer, Merger Subsidiary merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of Parent, and at the time of the Merger each issued and outstanding share of the Issuer's Common Stock, par value $0.001 per share (the "Shares"), owned by the Reporting Persons was cancelled and converted into the right to receive $18.50 per Share in cash without interest thereon. As such, as of April 16, 2025, Reporting Persons no longer beneficially own any Shares. This filing represents an exit filing for the Reporting Persons. |
(b) | Percent of class:
See responses to Item 11 on each cover page hereto. %
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(c) | Number of shares as to which the person has:
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(i) Sole power to vote or to direct the vote:
See responses to Item 5 on each cover page hereto. | |
(ii) Shared power to vote or to direct the vote:
See responses to Item 6 on each cover page hereto. | |
(iii) Sole power to dispose or to direct the disposition of:
See responses to Item 7 on each cover page hereto. | |
(iv) Shared power to dispose or to direct the disposition of:
See responses to Item 8 on each cover page hereto. | |
Item 5. | Ownership of 5 Percent or Less of a Class. |
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Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
Not Applicable
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Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
Not Applicable
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Item 8. | Identification and Classification of Members of the Group. |
Not Applicable
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Item 9. | Notice of Dissolution of Group. |
Not Applicable
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Item 10. | Certifications: |
Not Applicable
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SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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