Kevin C. Burns - May 16, 2022 Form 4 Insider Report for Dynatrace, Inc. (DT)

Signature
/s/ Craig Newfield, by power of attorney
Stock symbol
DT
Transactions as of
May 16, 2022
Transactions value $
-$738,988
Form type
4
Date filed
5/18/2022, 08:54 PM
Previous filing
Feb 17, 2022
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DT Common Stock Sale -$145K -4.23K -5.22% $34.26 76.9K May 16, 2022 Direct F1, F2
transaction DT Common Stock Award $0 +40.7K +52.89% $0.00 118K May 16, 2022 Direct F3
transaction DT Common Stock Award $0 +31.6K +26.92% $0.00 149K May 16, 2022 Direct F4
transaction DT Common Stock Sale -$594K -17.5K -11.71% $34.01 132K May 17, 2022 Direct F5
holding DT Common Stock 10K May 16, 2022 See Footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in Column 4 represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.2585 to $34.2712, 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.
F3 Represents shares earned under the Performance Stock Units ("PSUs") granted on May 15, 2021, upon certification of performance results by the Compensation Committee based on the achievements of certain operational metrics for the year ended March 31, 2022. The PSUs were awarded under the Company's 2019 Equity Incentive Plan, 25% of the earned PSUs vested on May 16, 2022 and the remaining 75% will vest in equal quarterly installments over the subsequent three years, subject to continued employment.
F4 Represents shares earned upon the vesting and settlement of one third of PSUs granted on May 15, 2021, upon certification of performance results by the Compensation Committee based on the achievements of certain operational metrics for the year ended March 31, 2022. These PSUs were awarded under the Company's 2019 Equity Incentive Plan and the remaining PSUs will vest in two equal yearly installments, subject to the achievements of pre-established metrics for each fiscal year ending March 31, 2023 and March 31, 2024.
F5 Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of PSUs.
F6 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.