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

Signature
William Staples, by /s/ Hannah E. Fleek, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
15 Feb 2023
Net transactions value
-$339,885
Form type
4
Filing time
17 Feb 2023, 16:04:20 UTC
Previous filing
07 Feb 2023
Next filing
04 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEWR Common Stock Options Exercise $0 +2,851 +4.4% $0.000000 68,254 15 Feb 2023 Direct
transaction NEWR Common Stock Options Exercise $0 +5,543 +8.1% $0.000000 73,797 15 Feb 2023 Direct
transaction NEWR Common Stock Options Exercise $0 +5,816 +7.9% $0.000000 79,613 15 Feb 2023 Direct
transaction NEWR Common Stock Sale $339,885 -4,454 -5.6% $76.31 75,159 16 Feb 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 -2,851 -20% $0.000000 11,402 15 Feb 2023 Common Stock 2,851 $0.000000 Direct F3
transaction NEWR Restricted Stock Units Options Exercise $0 -5,543 -11% $0.000000 44,345 15 Feb 2023 Common Stock 5,543 $0.000000 Direct F4
transaction NEWR Restricted Stock Units Options Exercise $0 -5,816 -10% $0.000000 52,339 15 Feb 2023 Common Stock 5,816 $0.000000 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.