0001193125-19-037992.txt : 20190213 0001193125-19-037992.hdr.sgml : 20190213 20190213161534 ACCESSION NUMBER: 0001193125-19-037992 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190213 DATE AS OF CHANGE: 20190213 GROUP MEMBERS: SILVER LAKE PARTNERS IV, L.P. GROUP MEMBERS: SILVER LAKE TECHNOLOGY ASSOCIATES III, L.P. GROUP MEMBERS: SILVER LAKE TECHNOLOGY ASSOCIATES IV, L.P. GROUP MEMBERS: SILVER LAKE TECHNOLOGY INVESTORS IV, L.P GROUP MEMBERS: SLP AURORA CO-INVEST, L.P. GROUP MEMBERS: SLP DENALI CO-INVEST GP, L.L.C. GROUP MEMBERS: SLTA III (GP), L.L.C. GROUP MEMBERS: SLTA IV (GP), L.L.C. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SolarWinds Corp CENTRAL INDEX KEY: 0001739942 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 810753267 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-90880 FILM NUMBER: 19597325 BUSINESS ADDRESS: STREET 1: 7171 SOUTHWEST PKWY., BLDG. 400 CITY: AUSTIN STATE: TX ZIP: 78735 BUSINESS PHONE: 5126829300 MAIL ADDRESS: STREET 1: 7171 SOUTHWEST PKWY., BLDG. 400 CITY: AUSTIN STATE: TX ZIP: 78735 FORMER COMPANY: FORMER CONFORMED NAME: SolarWinds Parent, Inc. DATE OF NAME CHANGE: 20180508 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Silver Lake Group, L.L.C. CENTRAL INDEX KEY: 0001418226 IRS NUMBER: 260895325 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2775 SAND HILL ROAD, SUITE 100 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6502338120 MAIL ADDRESS: STREET 1: 2775 SAND HILL ROAD, SUITE 100 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G 1 d699067dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

SolarWinds Corporation

(Name of Issuer)

Class A common stock, par value $0.001 per share

(Titles of Class of Securities)

83417Q105

(CUSIP Number)

December 31, 2018

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out of a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


Schedule 13G

 

CUSIP No. 83417Q105     Page 2 of 19

 

  1      

NAME OF REPORTING PERSON

 

Silver Lake Partners IV, L.P.

  2      

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☒        (b)  ☐

 

  3      

SEC USE ONLY

 

  4      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5      

SOLE VOTING POWER

 

- 0 -

   6      

SHARED VOTING POWER

 

97,209,272

   7      

SOLE DISPOSITIVE POWER

 

- 0 -

   8      

SHARED DISPOSITIVE POWER

 

97,209,272

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

97,209,272

10    

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

31.4%

12    

TYPE OF REPORTING PERSON

 

PN


Schedule 13G

 

CUSIP No. 83417Q105     Page 3 of 19

 

  1      

NAME OF REPORTING PERSON

 

Silver Lake Technology Investors IV, L.P.

  2      

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☒        (b)  ☐

 

  3      

SEC USE ONLY

 

  4      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5      

SOLE VOTING POWER

 

- 0 -

   6      

SHARED VOTING POWER

 

1,597,754

   7      

SOLE DISPOSITIVE POWER

 

- 0 -

   8      

SHARED DISPOSITIVE POWER

 

1,597,754

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,597,754

10    

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.5%

12    

TYPE OF REPORTING PERSON

 

PN


CUSIP No. 83417Q105     Page 4 of 19

 

  1      

NAME OF REPORTING PERSON

 

Silver Lake Technology Associates IV, L.P.

  2      

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☒        (b)  ☐

 

  3      

SEC USE ONLY

 

  4      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5      

SOLE VOTING POWER

 

- 0 -

   6      

SHARED VOTING POWER

 

98,807,026

   7      

SOLE DISPOSITIVE POWER

 

- 0 -

   8      

SHARED DISPOSITIVE POWER

 

98,807,026

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

98,807,026

10    

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

31.9%

12    

TYPE OF REPORTING PERSON

 

PN


Schedule 13G

 

CUSIP No. 83417Q105     Page 5 of 19

 

  1      

NAME OF REPORTING PERSON

 

SLTA IV (GP), L.L.C.

  2      

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☒        (b)  ☐

 

  3      

SEC USE ONLY

 

  4      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5      

SOLE VOTING POWER

 

- 0 -

   6      

SHARED VOTING POWER

 

98,807,026

   7      

SOLE DISPOSITIVE POWER

 

- 0 -

   8      

SHARED DISPOSITIVE POWER

 

98,807,026

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

98,807,026

10    

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

31.9%

12    

TYPE OF REPORTING PERSON

 

OO


Schedule 13G

 

CUSIP No. 83417Q105     Page 6 of 19

 

  1      

NAME OF REPORTING PERSON

 

SLP Aurora Co-Invest, L.P.

  2      

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☒        (b)  ☐

 

  3      

SEC USE ONLY

 

  4      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5      

SOLE VOTING POWER

 

- 0 -

   6      

SHARED VOTING POWER

 

38,856,695

   7      

SOLE DISPOSITIVE POWER

 

- 0 -

   8      

SHARED DISPOSITIVE POWER

 

38,856,695

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

38,856,695

10    

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

12.5%

12    

TYPE OF REPORTING PERSON

 

PN


Schedule 13G

 

CUSIP No. 83417Q105     Page 7 of 19

 

  1      

NAME OF REPORTING PERSON

 

SLP Denali Co-Invest GP, L.L.C.

  2      

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☒        (b)  ☐

 

  3      

SEC USE ONLY

 

  4      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5      

SOLE VOTING POWER

 

- 0 -

   6      

SHARED VOTING POWER

 

38,856,695

   7      

SOLE DISPOSITIVE POWER

 

- 0 -

   8      

SHARED DISPOSITIVE POWER

 

38,856,695

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

38,856,695

10    

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

12.5%

12    

TYPE OF REPORTING PERSON

 

OO


Schedule 13G

 

CUSIP No. 83417Q105     Page 8 of 19

 

  1      

NAME OF REPORTING PERSON

 

Silver Lake Technology Associates III, L.P.

  2      

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☒        (b)  ☐

 

  3      

SEC USE ONLY

 

  4      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5      

SOLE VOTING POWER

 

- 0 -

   6      

SHARED VOTING POWER

 

38,856,695

   7      

SOLE DISPOSITIVE POWER

 

- 0 -

   8      

SHARED DISPOSITIVE POWER

 

38,856,695

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

38,856,695

10    

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

12.5%

12    

TYPE OF REPORTING PERSON

 

PN


Schedule 13G

 

CUSIP No. 83417Q105     Page 9 of 19

 

  1      

NAME OF REPORTING PERSON

 

SLTA III (GP), L.L.C.

  2      

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☒        (b)  ☐

 

  3      

SEC USE ONLY

 

  4      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5      

SOLE VOTING POWER

 

- 0 -

   6      

SHARED VOTING POWER

 

38,856,695

   7      

SOLE DISPOSITIVE POWER

 

- 0 -

   8      

SHARED DISPOSITIVE POWER

 

38,856,695

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

38,856,695

10    

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

12.5%

12    

TYPE OF REPORTING PERSON

 

OO


Schedule 13G

 

CUSIP No. 83417Q105     Page 10 of 19

 

  1      

NAME OF REPORTING PERSON

 

Silver Lake Group, L.L.C.

  2      

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ☒        (b)  ☐

 

  3      

SEC USE ONLY

 

  4      

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5      

SOLE VOTING POWER

 

- 0 -

   6      

SHARED VOTING POWER

 

137,663,721

   7      

SOLE DISPOSITIVE POWER

 

- 0 -

   8      

SHARED DISPOSITIVE POWER

 

137,663,721

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

137,663,721

10    

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐

 

11    

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

44.4%

12    

TYPE OF REPORTING PERSON

 

OO


CUSIP No. 83417Q105     Page 11 of 19

Schedule 13G

 

Item 1(a). Name of Issuer:

SolarWinds Corporation

Item 1(b). Address of Issuer’s Principal Executive Offices:

7171 Southwest Parkway, Building 400

Austin, Texas 78735

Item 2(a). Name of Person Filing:

This 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, a copy of which is attached hereto as Exhibit 1.

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.

Item 2(b). Address of Principal Business Office or, if none, Residence:

The principal business address of each of the Reporting Persons is as follows:

c/o Silver Lake

2775 Sand Hill Road, Suite 100

Menlo Park, CA 94025

Item 2(c). Citizenship:

See response to Item 4 of each of the cover pages and Item 2(a) above.

Item 2(d). Titles of Classes of Securities:

Common stock, par value $0.001 per share (“Common Stock”).

Item 2(e). CUSIP Number:

83417Q105


CUSIP No. 83417Q105     Page 12 of 19

 

Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a(n):

 

(a)     Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78o).
(b)     Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).
(c)     Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).
(d)     Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)     Investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
(f)     Employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
(g)     Parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
(h)     Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (13 U.S.C. 1813).
(i)     Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
(j)     Non-U.S. institution, in accordance with § 240.13d-1(b)(1)(ii)(J).
(k)     Group in accordance with §240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with §240. 13d-1(b)(1)(ii)(J), please specify the type of institution:

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 incorporated by reference in its entirety into this Item 4.

The Reporting Persons may be deemed to beneficially own an aggregate of 137,663,721 shares of the Issuer’s Common Stock, representing approximately 44.4% of the issued and outstanding shares of the Issuer’s Common Stock. The percentages of beneficial ownership in this Schedule 13G are based on 309,943,622 shares of Common Stock of the Issuer outstanding as of November 15, 2018, as reflected in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2018, which was filed with the Securities and Exchange Commission on November 27, 2018.

Certain of the Reporting Persons, certain affiliates of Thoma Bravo, LLC and certain co-investors of Thoma Bravo, in each case, listed on Annex A attached hereto (collectively, the “Stockholders”) are parties to a Stockholder Agreement (the “Stockholder Agreement”), which contains, among other things, certain provisions relating to transfer of, and coordination of the voting of, securities of the Issuer by the parties thereto.


CUSIP No. 83417Q105     Page 13 of 19

 

By virtue of the Stockholder Agreement and the obligations and rights thereunder, the Reporting Persons acknowledge and agree that they are acting as a “group” with the other Stockholders within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Based in part on information provided by the Issuer, as of December 31, 2018, such a “group” would be deemed to beneficially own an aggregate of 275,327,427 shares of Common Stock, or 88.8% of the Common Stock of the Issuer. The Reporting Persons expressly disclaim beneficial ownership over any shares of Common Stock that they may be deemed to beneficially own solely by reason of the Stockholder Agreement. Certain entities affiliated with Thoma Bravo and the other investors listed on Annex A attached hereto are separately making Schedule 13G filings reporting their beneficial ownership of shares of Common Stock.

 

  (b)

Percent of Class:

See responses to Item 11 on each cover page and Items 2(a) and 4(a) above.

 

  (c)

Number of shares as to which such person has:

 

  (i)

Sole power to vote or to direct the vote:

See responses to Item 5 on each cover page and Items 2(a) and 4(a) above.

 

  (ii)

Shared power to vote or to direct the vote:

See responses to Item 6 on each cover page and Items 2(a) and 4(a) above.

 

  (iii)

Sole power to dispose or to direct the disposition of:

See responses to Item 7 on each cover page and Items 2(a) and 4(a) above.

 

  (iv)

Shared power to dispose or to direct the disposition of:

See responses to Item 8 on each cover page and Items 2(a) and 4(a) above.

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ☐.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not Applicable.

Item 8. Identification and Classification of Members of the Group.

See Items 2(a) and 4 above.

Item 9. Notice of Dissolution of Group.

Not Applicable.

Item 10. Certification.

Not Applicable.


CUSIP No. 83417Q105     Page 14 of 19

 

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.

Dated: February 13, 2019

 

Silver Lake Partners IV, L.P.
By:       Silver Lake Technology Associates IV, L.P., its general partner
  By:   SLTA IV (GP), L.L.C., its general partner
    By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
Silver Lake Technology Investors IV, L.P.
By:       Silver Lake Technology Associates IV, L.P., its general partner
  By:   SLTA IV (GP), L.L.C., its general partner
    By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
Silver Lake Technology Associates IV, L.P.
By:       SLTA IV (GP), L.L.C., its general partner
  By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
SLTA IV (GP), L.L.C.
By:       Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel


CUSIP No. 83417Q105     Page 15 of 19

 

SLP Aurora Co-Invest, L.P.
By:       SLP Denali Co-Invest GP, L.L.C., its general partner
  By:   Silver Lake Technology Associates III, L.P., its managing member
    By:   SLTA III (GP), L.L.C., its general partner
      By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
SLP Denali Co-Invest GP, L.L.C.
By:       Silver Lake Technology Associates III, L.P., its managing member
  By:   SLTA III (GP), L.L.C., its general partner
    By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
Silver Lake Technology Associates III, L.P.
By:       SLTA III (GP), L.L.C., its general partner
  By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
SLTA III (GP), L.L.C.
By:       Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
Silver Lake Group, L.L.C.
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel


CUSIP No. 83417Q105     Page 16 of 19

 

Exhibit Index

 

Exhibit 1    Agreement of Joint Filing as required by Rule 13d-1(k)(1) under the Act.


CUSIP No. 83417Q105     Page 17 of 19

 

Annex A

List of Other Stockholders Party to the Stockholder Agreement

AlpInvest GA Co C.V.

AlpInvest Partners Co-Investments 2014 I C.V.

AlpInvest Partners Co-Investments 2014 II C.V.

AM 2014 Co C.V.

HarbourVest 2015 Global Fund L.P.

HarbourVest Global Annual Private Equity Fund L.P.

HarbourVest Partners IX Buyout Fund L.P.

HarbourVest Partners X AIF Buyout L.P.

HarbourVest Partners X Buyout Fund L.P.

Hermes USA Investors Venture II LP

Howard Hughes Medical Institute

Lexington Co-Investment Holdings III L.P.

Meranti Fund L.P.

NB - Iowa’s Public Universities LP

NB Crossroads XX - MC Holdings LP

NB Crossroads XXI - MC Holdings LP

NB PEP Holdings Limited

NB RP Co-Investment & Secondary Fund LLC

NB Sonoran Fund Limited Partnership

NB Strategic Co-Investment Partners II Holdings LP

NB Wildcats Fund LP

Neuberger Berman Insurance Fund Series of the SALI Multi-Series Fund L.P.

NPS Co-Investment (A) Fund L.P.

The Prudential Insurance Corporation of America

The Prudential Legacy Insurance Corporation of New Jersey

SMRS-TOPE LLC

TFL Trustee Company Limited as Trustee of the TFL Pension Fund

Thoma Bravo Executive Fund XI, L.P.,

Thoma Bravo Executive Fund XII, L.P.,

Thoma Bravo Executive Fund XII-A, L.P.,

Thoma Bravo Fund XI, L.P.,

Thoma Bravo Fund XI-A, L.P.,

Thoma Bravo Fund XII, L.P.,

Thoma Bravo Fund XII-A, L.P.,

Thoma Bravo Special Opportunities Fund XII, L.P.,

Thoma Bravo Special Opportunities Fund XII-A, L.P.

EX-99.1 2 d699067dex991.htm EX-99.1 EX-99.1

Page 18 of 19

Exhibit 1

AGREEMENT OF JOINT FILING

This joint filing agreement (this “Agreement”) is made and entered into as of this 13th day of February 2019, by and among Silver Lake Partners IV, L.P., Silver Lake Technology Investors IV, L.P., Silver Lake Technology Associates IV, L.P., SLTA IV (GP), L.L.C. SLP Aurora Co-Invest, L.P., SLP Denali Co-Invest GP, L.L.C., Silver Lake Technology Associates III, L.P., SLTA III (GP), L.L.C., and Silver Lake Group, L.L.C.

The parties to this Agreement hereby agree to prepare jointly and file timely (and otherwise to deliver as appropriate) all filings on any Form 3, Form 4, Form 5 or Schedule 13D or Schedule 13G, and any and all amendments thereto and any other document relating thereto (collectively, the “Filings”) required to be filed by them pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Each party to this Agreement further agrees and covenants to the other parties that it will fully cooperate with such other parties in the preparation and timely filing (and other delivery) of all such Filings.

This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first set forth above.

Dated: February 13, 2019

 

Silver Lake Partners IV, L.P.
By:       Silver Lake Technology Associates IV, L.P., its general partner
  By:   SLTA IV (GP), L.L.C., its general partner
    By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
Silver Lake Technology Investors IV, L.P.
By:       Silver Lake Technology Associates IV, L.P., its general partner
  By:   SLTA IV (GP), L.L.C., its general partner
    By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
Silver Lake Technology Associates IV, L.P.
By:       SLTA IV (GP), L.L.C., its general partner
  By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel


Page 19 of 19

 

SLTA IV (GP), L.L.C.
By:       Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
SLP Aurora Co-Invest, L.P.
By:       SLP Denali Co-Invest GP, L.L.C., its general partner
  By:   Silver Lake Technology Associates III, L.P., its managing member
    By:   SLTA III (GP), L.L.C., its general partner
      By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
SLP Denali Co-Invest GP, L.L.C.
By:       Silver Lake Technology Associates III, L.P., its managing member
  By:   SLTA III (GP), L.L.C., its general partner
    By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
Silver Lake Technology Associates III, L.P.
By:       SLTA III (GP), L.L.C., its general partner
  By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
SLTA III (GP), L.L.C.
By:   Silver Lake Group, L.L.C., its managing member
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel
Silver Lake Group, L.L.C.
By:      

/s/ Andrew J. Schader

  Name:   Andrew J. Schader
  Title:   Managing Director and General Counsel