Jana Partners Llc - Aug 15, 2023 Form 4 Insider Report for NEW RELIC, INC. (NEWR)

Role
Director, Other*
Signature
/s/ JANA Partners LLC, by Jennifer Fanjiang, Partner, Chief Legal Officer and Chief Compliance Officer
Stock symbol
NEWR
Transactions as of
Aug 15, 2023
Transactions value $
$0
Form type
4
Date filed
8/17/2023, 07:36 PM
Previous filing
Aug 10, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEWR Common Stock, par value $0.001 per share Options Exercise $0 +2.98K +0.09% $0.00 3.22M Aug 15, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NEWR Restricted Stock Units Options Exercise $0 -2.98K -100% $0.00* 0 Aug 15, 2023 Common Stock 2.98K $0.00 See Footnote F2, F4
transaction NEWR Restricted Stock Units Award $0 +2.38K $0.00 2.38K Aug 16, 2023 Common Stock 2.38K $0.00 See Footnote F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 JANA Partners LLC ("JANA") is a private money management firm which beneficially owns the securities reported herein through various accounts under its management and control. Barry Rosenstein is the Managing Partner of JANA. JANA and Barry Rosenstein disclaim any beneficial ownership of any of the Issuer's securities reported herein except to the extent of their pecuniary interest therein.
F2 The restricted stock units vested in one installment on August 15, 2023, subject to Kevin Galligan's ("Mr. Galligan"), a Partner of JANA, who currently serves on the board of directors of the Issuer, Continuous Service (as defined in the 2014 Equity Incentive Plan) to the Issuer on such vesting date.
F3 All of the shares subject to the award shall vest in one installment on August 15, 2024, subject to Mr. Galligan's Continuous Service (as defined in the 2014 Equity Incentive Plan) to the Issuer through such date.
F4 Mr. Galligan has assigned all rights to the grant to JANA. Pursuant to the assignment, settlement of the award on vesting will be made to JANA. JANA disclaims any beneficial ownership of any of the Issuer's securities reported herein except to the extent of its pecuniary interest therein.

Remarks:

The Reporting Person may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934 by virtue of the fact that Mr. Galligan currently serves on the board of directors of the Issuer.