Radhakrishnan Mahendran - 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, 06:08:42 UTC
Prior SEC filing: 17 Aug 2023
Source filing: View source filing
Reporting owner signature: Radhakrishnan Mahendran, by /s/ Lauren Walz, Attorney-in-Fact

Key filing fact

Radhakrishnan Mahendran filed Form 4 for NEW RELIC, INC. on 13 Nov 2023.

Key facts

This page summarizes Radhakrishnan Mahendran's Form 4 filing for NEW RELIC, INC..
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 13 Nov 2023, 06:08.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NEWR transaction

COMMON STOCK

Options Exercise

Transaction value
Shares: +2,381
Change %: +39%
Price
Shares after: 8,442
Date: 08 Nov 2023
Ownership: Direct
Footnotes: F1

NEWR transaction

COMMON STOCK

Disposed to Issuer

Transaction value
Shares: -8,442
Change %: -100%
Price
Shares after: 0
Date: 08 Nov 2023
Ownership: Direct
Footnotes: F2

NEWR transaction

COMMON STOCK

Disposed to Issuer

Transaction value
Shares: -5,059,021
Change %: -100%
Price
Shares after: 0
Date: 08 Nov 2023
Ownership: See footnote
Footnotes: F2, F3

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: -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

Radhakrishnan Mahendran is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 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.

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.