Mark Dodds - 03 Feb 2023 Form 4 Insider Report for NEW RELIC, INC.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Feb 2023, 17:26:09 UTC
Prior SEC filing
20 Oct 2022
Next SEC filing
17 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Mark Dodds, by /s/ Hannah E. Fleek, Attorney-in-Fact

Key filing fact

Mark Dodds filed Form 4 for NEW RELIC, INC. on 07 Feb 2023.

Key facts

  • This page summarizes Mark Dodds's Form 4 filing for NEW RELIC, INC..
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 07 Feb 2023, 17:26.

Change

  • Previous filing in this sequence was filed on 20 Oct 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NEWR transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+50,854
Change %
Price
$0.000000
Shares after
50,854
Date
03 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,854
Exercise price
$0.000000
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Performance-based restricted stock units ("PSUs") use the Issuer's stock price as vesting hurdles starting from February 3, 2023 (the "Grant Date") and ending on the two-year anniversary of the Grant Date (the "Performance Period"). There are four vesting hurdles at $85, $100, $115 and $135, with each hurdle pricing for vesting of an amount of common shares equal to 15.42%, 26.22%, 28.34% and 30.01% of the PSUs granted, respectively. A hurdle is met when the Issuer's closing trading stock price equals or exceeds the hurdle amount for 45 consecutive trading days during the Performance Period. Each tranche of PSUs will vest, subject to the Reporting Person's continued service, 50% on the later of (i) the first anniversary of the Grant Date or (ii) certification by the Issuer's Compensation Committee that the applicable stock price hurdle has been satisfied (such later date, the "Achievement Date"), and 50% on the first anniversary of the applicable Achievement Date.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .