Steve Hurn - May 15, 2022 Form 4 Insider Report for NEW RELIC, INC. (NEWR)

Role: Chief Sales Officer
Signature: Steve Hurn, by /s/ Hannah E. Fleek, Attorney-in-Fact
Stock symbol: NEWR
Transactions as of: May 15, 2022
Transactions value $: -$96,691
Form type: 4
Date filed: 5/17/2022, 06:23 PM
Previous filing: Apr 21, 2022
Next filing: Aug 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NEWR	Common Stock	Options Exercise	$0	+2.65K	+10.88%	$0.00	27K	May 15, 2022	Direct
transaction	NEWR	Common Stock	Options Exercise	$0	+1.76K	+6.54%	$0.00	28.7K	May 15, 2022	Direct
transaction	NEWR	Common Stock	Sale	-$95.3K	-2.2K	-7.65%	$43.35	26.5K	May 16, 2022	Direct	F1, F2
transaction	NEWR	Common Stock	Sale	-$1.36K	-31	-0.12%	$44.01	26.5K	May 16, 2022	Direct	F1, F3

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	-2.65K	-11.11%	$0.00	21.2K	May 15, 2022	Common Stock	2.65K	$0.00	Direct	F4
transaction	NEWR	Restricted Stock Units	Options Exercise	$0	-1.76K	-8.33%	$0.00	19.4K	May 15, 2022	Common Stock	1.76K	$0.00	Direct	F5
transaction	NEWR	Restricted Stock Units	Award	$0	+20.5K		$0.00	20.5K	May 16, 2022	Common Stock	20.5K	$0.00	Direct	F6

* 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 $43.00 to $43.82. 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	The shares were sold at prices ranging from $44.00 to $44.17. 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.
F4	Represents Restricted Stock Units ("RSUs"). 25% of the shares underlying the RSUs shall vest on the first anniversary of May 15, 2020 (the "2020 Vesting Start Date") and 1/16th of the shares underlying the RSUs shall vest in equal quarterly installments thereafter until the fourth anniversary of the 2020 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 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.
F6	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.