Key facts
- This page summarizes Phalachandra Bhat's Form 4 filing for NEW RELIC, INC..
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 13 Nov 2023, 06:07.
Phalachandra Bhat - 08 Nov 2023 Form 4 Insider Report for NEW RELIC, INC.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 08 Nov 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 13 Nov 2023, 06:07:36 UTC
- Prior SEC filing
- 17 Aug 2023
- Next SEC filing
- 22 May 2025
- Source filing
- View source filing
- Reporting owner signature
- Phalachandra Bhat, by /s/ Lauren Walz, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Phalachandra Bhat filed Form 4 for NEW RELIC, INC. on 13 Nov 2023.
Change
- Previous filing in this sequence was filed on 17 Aug 2023.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NEWR
transaction
COMMON STOCK
Options Exercise
- Transaction value
- Shares
- +2,705
- Change %
- +69%
- Price
- Shares after
- 6,608
- Date
- 08 Nov 2023
- Ownership
- Direct
- Footnotes
- F1
NEWR
transaction
COMMON STOCK
Disposed to Issuer
- Transaction value
- Shares
- -6,608
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 08 Nov 2023
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NEWR
transaction
Derivative
Restricted Stock Units (RSUs)
Options Exercise
- Transaction value
- Shares
- -324
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 08 Nov 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 324
- Exercise price
- Footnotes
- F1
NEWR
transaction
Derivative
Restricted Stock Units (RSUs)
Options Exercise
- Transaction value
- Shares
- -2,381
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 08 Nov 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,381
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Phalachandra Bhat is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
On November 8, 2023, pursuant to the Agreement and Plan of Merger, dated as of July 30, 2023, (the "Merger Agreement"), by and among Crewline Buyer, Inc., a Delaware corporation ("Parent"), Crewline Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), and New Relic, Inc. ("Issuer"), Merger Sub merged with and into Issuer and the separate corporate existence of Merger Sub ceased, with Issuer continuing as the surviving corporation (the "Merger") and a wholly owned subsidiary of Parent, and each outstanding restricted stock unit held by the Reporting Person was converted into the right to receive $87.00 in cash (the "Merger Consideration"), subject to any continued vesting conditions in accordance with the terms of the Merger Agreement.
Footnote F2
Pursuant to the Merger Agreement, each outstanding share of common stock held by the Reporting Person was cancelled and converted into the right to receive the Merger Consideration.