Kevin C. Burns - 15 May 2021 Form 4 Insider Report for Dynatrace, Inc. (DT)

Signature
/s/ Craig Newfield, by power of attorney
Issuer symbol
DT
Transactions as of
15 May 2021
Net transactions value
-$659,828
Form type
4
Filing time
18 May 2021, 18:42:04 UTC
Previous filing
04 Jun 2021
Next filing
29 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DT Common Stock Award $0 +33,600 +40% $0.000000 116,583 15 May 2021 Direct F1
transaction DT Common Stock Sale $219,022 -4,882 -4.2% $44.86 111,701 17 May 2021 Direct F2, F3
transaction DT Common Stock Sale $36,121 -763 -0.68% $47.34 110,938 18 May 2021 Direct F4, F5
transaction DT Common Stock Sale $338,631 -6,981 -6.3% $48.51 103,957 18 May 2021 Direct F4, F6
transaction DT Common Stock Sale $66,054 -1,349 -1.3% $48.97 102,608 18 May 2021 Direct F4, F7
holding DT Common Stock 20,000 15 May 2021 See Footnote F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of Restricted Stock Units ("RSUs") granted under the Dynatrace, Inc. 2019 Equity Incentive Plan on May 15, 2021. Each RSU represents the right to receive one share of Common Stock, 25% of which shall vest on May 15, 2022, with the remainder vesting in 12 equal quarterly installments thereafter.
F2 Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
F3 The price reported in Column 4 represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $44.8630 to $44.8638, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F4 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 9, 2020.
F5 The price reported in Column 4 represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.82 to $47.75, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F6 The price reported in Column 4 represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $47.86 to $48.85, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F7 The price reported in Column 4 represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $48.87 to $49.10, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F8 Shares held by the Kevin C. Burns Irrevocable GST Trust of 2018. Judith Burns is the trustee of the Kevin C. Burns Irrevocable GST Trust of 2018. The Reporting Person may be deemed to have shared voting and investment power with respect to the shares held by such trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.