William Staples - May 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: May 15, 2023
Transactions value $: -$478,262
Form type: 4
Date filed: 5/17/2023, 06:14 PM
Previous filing: May 4, 2023
Next filing: Jun 20, 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	+2.73%	$0.00	107K	May 15, 2023	Direct
transaction	NEWR	Common Stock	Options Exercise	$0	+5.54K	+5.17%	$0.00	113K	May 15, 2023	Direct
transaction	NEWR	Common Stock	Options Exercise	$0	+5.82K	+5.16%	$0.00	119K	May 15, 2023	Direct
transaction	NEWR	Common Stock	Sale	-$478K	-6.34K	-5.35%	$75.40	112K	May 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	-25%	$0.00	8.55K	May 15, 2023	Common Stock	2.85K	$0.00	Direct	F3
transaction	NEWR	Restricted Stock Units	Options Exercise	$0	-5.54K	-12.5%	$0.00	38.8K	May 15, 2023	Common Stock	5.54K	$0.00	Direct	F4
transaction	NEWR	Restricted Stock Units	Options Exercise	$0	-5.82K	-11.11%	$0.00	46.5K	May 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 $74.90 to $75.78. 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.