SEC Form 4 · accession 0001209191-16-137647
NEW RELIC, INC. · NEWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robin Schulman
Officer — VP, General Counsel /Secretary
Period of report
Aug 15, 2016
Accepted (ET)
Aug 17, 2016 · 7:02 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 | Aug 15, 2016 | M | 397 | $0.00 | A | 397 | D | |
| Common Stock | Aug 15, 2016 | M | 917 | $0.00 | A | 1,314 | D | |
| Common StockF1,F2,F3 | Aug 16, 2016 | S | 502 | $35.4018 | D | 1,644 | D | |
| Common StockF4 | Aug 17, 2016 | S | 832 | $35.39 | D | 812 | D |
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 | Aug 15, 2016 | M | 397 | D | — | — | Common Stock | 397 | 9,128 | D |
| Restricted Stock UnitsF6 | $0.00 | Aug 15, 2016 | M | 917 | D | — | — | Common Stock | 917 | 13,756 | 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.
- F2The shares were sold at prices ranging from $35.4010 to $35.4030. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Includes 832 shares acquired on August 12, 2016 under the Issuer's Employee Stock Purchase Plan.
- F4Shares sold pursuant to a 10b5-1 plan.
- 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 "2015 Vesting Start Date"); 3.75% of the RSUs shall vest in equal quarterly installments thereafter until the second anniversary of the 2015 Vesting Start Date; 5.00% of the RSUs shall vest in equal quarterly installments thereafter until the third anniversary of the 2015 Vesting Start Date; and 13.75% of the RSUs shall vest in equal quarterly installments thereafter until the fourth anniversary of the 2015 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 "2016 Vesting Start Date") until the fourth anniversary of the 2016 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.