William Staples - Feb 15, 2023 Form 4 Insider Report for NEW RELIC, INC. (NEWR)

Role
Chief Executive Officer, Director
Signature
William Staples, by /s/ Hannah E. Fleek, Attorney-in-Fact
Stock symbol
NEWR
Transactions as of
Feb 15, 2023
Transactions value $
-$339,885
Form type
4
Date filed
2/17/2023, 04:04 PM
Previous filing
Feb 7, 2023
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEWR Common Stock Options Exercise $0 +2.85K +4.36% $0.00 68.3K Feb 15, 2023 Direct
transaction NEWR Common Stock Options Exercise $0 +5.54K +8.12% $0.00 73.8K Feb 15, 2023 Direct
transaction NEWR Common Stock Options Exercise $0 +5.82K +7.88% $0.00 79.6K Feb 15, 2023 Direct
transaction NEWR Common Stock Sale -$340K -4.45K -5.59% $76.31 75.2K Feb 16, 2023 Direct F1, F2

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 -2.85K -20% $0.00 11.4K Feb 15, 2023 Common Stock 2.85K $0.00 Direct F3
transaction NEWR Restricted Stock Units Options Exercise $0 -5.54K -11.11% $0.00 44.3K Feb 15, 2023 Common Stock 5.54K $0.00 Direct F4
transaction NEWR Restricted Stock Units Options Exercise $0 -5.82K -10% $0.00 52.3K Feb 15, 2023 Common Stock 5.82K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person made a prior election to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.
F2 The shares were sold at prices ranging from $75.82 to $76.78. 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 Represents Restricted Stock Units ("RSUs"). 25% of the total shares subject to the RSUs shall vest on the one year anniversary of February 15, 2020, and 1/16 of the shares subject to the Option shall vest each calendar quarter thereafter over 36 months, subject to the Reporting Person's Continuous Service (as defined in the 2014 Equity Incentive Plan) on such vesting date.
F4 Represents Restricted Stock Units ("RSUs"). The RSUs vest in equal quarterly installments from February 15, 2021 (the "2021 Vesting Start Date") until the fourth anniversary of the 2021 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.
F5 Represents Restricted Stock Units ("RSUs"). The RSUs vest in equal quarterly installments from May 15, 2022 (the "2022 Vesting Start Date") until the third anniversary of the 2022 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.