Lewis Cirne - 06 Apr 2023 Form 4 Insider Report for NEW RELIC, INC.

Role
Executive Chairman, Director, 10%+ Owner
Signature
Lewis Cirne, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
06 Apr 2023
Net transactions value
-$1,096,206
Form type
4
Filing time
07 Apr 2023, 16:07:33 UTC
Previous filing
08 Mar 2023
Next filing
08 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEWR Common Stock Sale $155,675 -2,157 -0.04% $72.17 5,105,991 06 Apr 2023 By Trust F1, F2, F3
transaction NEWR Common Stock Sale $680,753 -9,324 -0.18% $73.01 5,096,667 06 Apr 2023 By Trust F1, F3, F4
transaction NEWR Common Stock Sale $259,778 -3,519 -0.07% $73.82 5,093,148 06 Apr 2023 By Trust F1, F3, F5
holding NEWR Common Stock 474,000 06 Apr 2023 By Trust F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a 10b5-1 plan.
F2 The shares were sold at prices ranging from $71.57 to $72.55. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Shares are held directly by Lewis Cirne and Kirsten L. Vliet, as Trustees of the Cirne Family Revocable Trust UAD March 20, 2012.
F4 The shares were sold at prices ranging from $72.57 to $73.56. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 The shares were sold at prices ranging from $73.57 to $73.98. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
F6 Shares are held directly by J.P. Morgan Trust Company of Delaware, as Trustee of the Cirne Family 2012 Irrevocable Trust.