Thoma Bravo Ugp, Llc - Nov 15, 2023 Form 4 Insider Report for Dynatrace, Inc. (DT)

Role: 10%+ Owner
Signature: /s/ Seth Boro, Managing Partner of Thoma Bravo UGP, LLC
Stock symbol: DT
Transactions as of: Nov 15, 2023
Transactions value $: -$500,000,000
Form type: 4
Date filed: 11/17/2023, 04:05 PM
Previous filing: Nov 8, 2023
Next filing: Nov 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	DT	Common Stock	-Sell	-$500,000,000	-10,000,000	-23.89%	$50.00	31,857,273	Nov 15, 2023	See footnote	F1, F2
transaction	DT	Common Stock	-Other		-2,576,137	-7.48%		31,857,273	Nov 15, 2023	See footnote	F1, F2, F3

Explanation of Responses:

Id	Content
F1	After giving effect to the distribution reported on this statement, consists of 3,239,632 shares held directly by Thoma Bravo Fund X, L.P. ("TB Fund X"), 694,491 shares held directly by Thoma Bravo Fund X-A, L.P. ("TB Fund X-A"), 15,250,396 shares held directly by Thoma Bravo Fund XI, L.P. ("TB Fund XI"), 7,482,290 shares held directly by Thoma Bravo Fund XI-A, L.P. ("TB Fund XI-A"), 329,933 shares held directly by Thoma Bravo Executive Fund XI, L.P. ("TB Exec Fund"), 273,513 shares held directly by Thoma Bravo Special Opportunities Fund I, L.P. ("TB SOF"), 2,010,881 shares held directly by Thoma Bravo Special Opportunities Fund I AIV, L.P. ("TB SOF AIV"), 545,546 shares held directly by Thoma Bravo Partners X, L.P. ("TB Partners X"), and 2,030,591 shares held directly by Thoma Bravo Partners XI, L.P. ("TB Partners XI").
F2	TB Partners X is the general partner of each of TB Fund X, TB Fund X-A, TB SOF and TB SOF AIV. TB Partners XI is the general partner of each of TB Fund XI, TB Fund XI-A and TB Exec Fund. Thoma Bravo UGP, LLC is the ultimate managing member of TB Partners X and TB Partners XI. By virtue of the relationships described in this footnote, Thoma Bravo UGP, LLC may be deemed to exercise voting and dispositive power with respect to the shares held by TB Fund X, TB Fund X-A, TB SOF, TB SOF AIV, TB Fund XI, TB Fund XI-A, TB Exec Fund, TB Partners X and TB Partners XI. Each of TB Partners X, TB Partners XI and Thoma Bravo UGP, LLC disclaims beneficial ownership of the shares owned by TB Fund X, TB Fund X-A, TB SOF, TB SOF AIV, TB Fund XI, TB Fund XI-A and TB Exec Fund except to the extent of its pecuniary interest therein.
F3	Represents a distribution of (i) 159,600 shares held directly by TB SOF AIV, 22,217 shares held directly by TB SOF, 309,847 shares held directly by TB Fund X and 53,882 shares held directly by TB Fund X-A, in each case to TB Partners X, and (ii) 25,609 shares held directly by TB Exec Fund, 1,450,201 shares held directly by TB Fund XI, and 554,781 shares held directly by TB Fund XI-A, in each case to TB Partners XI.