William Staples - May 2, 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
May 2, 2023
Transactions value $
-$1,657,396
Form type
4
Date filed
5/4/2023, 05:17 PM
Previous filing
Feb 17, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEWR Common Stock Options Exercise $0 +23.3K +30.95% $0.00 98.4K May 2, 2023 Direct
transaction NEWR Common Stock Options Exercise $0 +29.6K +30.04% $0.00 128K May 2, 2023 Direct
transaction NEWR Common Stock Sale -$1.66M -23.6K -18.45% $70.19 104K May 3, 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 Performance Stock Units Options Exercise $0 -23.3K -100% $0.00* 0 May 2, 2023 Common Stock 23.3K $0.00 Direct F3
transaction NEWR Performance Stock Units Options Exercise $0 -29.6K -100% $0.00* 0 May 2, 2023 Common Stock 29.6K $0.00 Direct F3
* 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 $69.86 to $70.78. 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 The PSU Award was subject to certain performance-based vesting requirements tied to Company performance ending March 31, 2023 (the "Performance Period"). The PSUs vested and settled into shares of Common Stock on May 2, 2023, following the completion of the Performance Period and certification by our Compensation Committee.