Dan Zugelder - Jun 5, 2024 Form 4 Insider Report for Dynatrace, Inc. (DT)

Role
EVP, Chief Revenue Officer
Signature
/s/ Marc Gold, by power of attorney
Stock symbol
DT
Transactions as of
Jun 5, 2024
Transactions value $
-$2,139,771
Form type
4
Date filed
6/7/2024, 06:54 PM
Previous filing
Jun 7, 2024
Next filing
Jul 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DT Common Stock Award $0 +49.3K +19.79% $0.00 299K Jun 5, 2024 Direct F1
transaction DT Common Stock Tax liability -$1.26M -27K -9.03% $46.68 272K Jun 5, 2024 Direct F2
transaction DT Common Stock Sale -$882K -18.9K -6.94% $46.72 253K Jun 6, 2024 Direct F3, F4, F5
* 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 Consists of Restricted Stock Units ("RSUs") granted under the Issuer's 2019 Equity Incentive Plan (as amended) on June 5, 2024. Each RSU represents the right to receive one share of Common Stock, 33% of which shall vest on June 5, 2025, with the remainder vesting in 8 equal quarterly installments thereafter.
F2 Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of RSUs and PSUs.
F3 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2023.
F4 The price reported in Column 4 represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.407 to $47.32, 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.
F5 The number of securities reported reflects the acquisition on June 5, 2024 of 461 shares of Common Stock pursuant to the Issuer's Employee Stock Purchase Plan ("ESPP") for the ESPP offering period of December 6, 2023 through June 5, 2024.