Radhakrishnan Mahendran - Nov 11, 2022 Form 4 Insider Report for NEW RELIC, INC. (NEWR)

Role
Director
Signature
/s/ Radhakrishnan Mahendran
Stock symbol
NEWR
Transactions as of
Nov 11, 2022
Transactions value $
-$11,770,080
Form type
4
Date filed
11/15/2022, 04:37 PM
Previous filing
Aug 19, 2022
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEWR Common Stock Sale -$11.8M -200K -3.8% $58.85 5.06M Nov 11, 2022 See footnote F1, F2, F3
holding NEWR Common Stock 3.08K Nov 11, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition of shares held by Merckx Capital Partners, L.P.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.50 to $59.36, inclusive. The Reporting Person undertakes to provide to New Relic, Inc., any security holder of New Relic, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The shares are held by funds for which HMI Capital Management, L.P. serves as the investment adviser and HMI Capital Fund GP, LLC serves as the general partner. The Reporting Person is a Partner at HMI Capital Management, L.P. The Reporting Person expressly disclaims beneficial ownership over any of the securities reported herein except to the extent of his pecuniary interest therein.