SEC Form 4 · accession 0001209191-16-121329
NEW RELIC, INC. · NEWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Sachleben
Officer — Chief Financial Officer
Period of report
May 15, 2016
Accepted (ET)
May 18, 2016 · 5:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001448056
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 15, 2016 | M | 2,496 | $0.00 | A | 2,496 | D | |
| Common StockF1 | May 16, 2016 | S | 939 | $25.951 | D | 1,557 | D | |
| Common Stock | May 16, 2016 | G | 1,557 | $0.00 | D | 0 | D | |
| Common StockF2 | May 16, 2016 | G | 1,557 | $0.00 | A | 593,848 | I | By Trust |
| Common StockF2 | May 18, 2016 | S | 8,000 | $25.83 | D | 585,848 | I | By Trust |
| Common StockF3 | holding | — | — | — | 168,500 | I | By Trust | |
| Common StockF4 | holding | — | — | — | 165,000 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5 | $0.00 | May 16, 2016 | M | 2,496 | D | — | — | Common Stock | 2,496 | 22,472 | D |
| Restricted Stock UnitsF6 | $0.00 | May 16, 2016 | A | 29,346 | A | — | — | Common Stock | 29,346 | 29,346 | D |
| Stock Option (Right to Buy)F7 | $25.86 | May 16, 2016 | A | 21,352 | A | — | — | Common Stock | 21,352 | 21,352 | D |
Explanation of responses
- F1The 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.
- F2Shares are beneficially owned directly by Mark J. Sachleben & Lynda F. Sullivan, Trustees of the Sachleben Sullivan Living Trust dated August 22, 2012, of which the Reporting Person is a Trustee.
- F3Shares are beneficially owned directly by The Audrey Megan Sachleben Delaware Legacy Trust, of which the Reporting Person is a Trustee.
- F4Shares are beneficially owned directly by The Eric Henry Sachleben Delaware Legacy Trust, of which the Reporting Person is a Trustee.
- F5Represents Restricted Stock Units ("RSUs"). The RSUs will vest as follows: 10% of the RSUs shall vest on the first anniversary of May 15, 2015 (the "Vesting Start Date"); 3.75% of the RSUs shall vest in equal quarterly installments thereafter until the second anniversary of the Vesting Start Date; 5.00% of the RSUs shall vest in equal quarterly installments thereafter until the third anniversary of the Vesting Start Date; and 13.75% of the RSUs shall vest in equal quarterly installments thereafter until the fourth anniversary of the 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.
- F6The RSUs will vest in equal quarterly installments from May 15, 2016 (the "Vesting Start Date") until the fourth anniversary of the 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.
- F7The Stock Option Grant will vest in equal monthly installments from April 1, 2016 (the "Vesting Start Date") until the fourth anniversary of the 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.