James M. Benson - Dec 18, 2023 Form 4 Insider Report for Dynatrace, Inc. (DT)

Signature
/s/ Anne-Celine Woelk, by power of attorney
Stock symbol
DT
Transactions as of
Dec 18, 2023
Transactions value $
-$1,974,021
Form type
4
Date filed
12/19/2023, 05:09 PM
Previous filing
Jun 7, 2023
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DT Common Stock Sale -$1.97M -36K -10.73% $54.84 300K Dec 18, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 16, 2023 and represents shares sold pursuant to the Issuers mandatory sale-to-cover policy applicable to tax withholding obligations resulting from 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 $54.374 to $55.35, 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 The number of securities reported reflects the acquisition on December 5, 2023 of 328 shares of Dynatrace, Inc. common stock pursuant to the Dynatrace Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP offering period of June 6, 2023 through December 5, 2023.