Steve Hurn - May 8, 2021 Form 3 Insider Report for NEW RELIC, INC. (NEWR)

Signature
Steve Hurn, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
NEWR
Transactions as of
May 8, 2021
Transactions value $
$0
Form type
3
Date filed
5/18/2021, 05:38 PM
Next filing
May 18, 2021

Transactions Table

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
holding NEWR Stock Option (Right to Buy) May 8, 2021 Common Stock 33.2K $63.89 Direct F1
holding NEWR Restricted Stock Units May 8, 2021 Common Stock 42.3K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent (25%) of the total number of shares subject to the option vest and become exercisable on the first anniversary of April 30, 2020 (the "Vesting Start Date"), and 1/48 of the total number of shares subject to the option vest and become exercisable each month thereafter, such that all of the shares subject to the option shall become vested and exercisable as of the fourth anniversary of the Vesting Start Date, subject to the Reporting Person's continued service with the Issuer on each such vesting date.
F2 Represents Restricted Stock Units ("RSUs"). 25% of the shares underlying the RSUs shall vest on the first anniversary of May 15, 2020 (the "Vesting Start Date") and 1/16th of the shares underlying the RSUs shall vest in equal quarterly installments thereafter until the fourth anniversary of the Vesting Start Date, in each case subject to the Reporting Person's Continuous Service (as defined in the 2014 Equity Incentive Plan) on such vesting date.