SEC Form 4 · accession 0001209191-17-033267
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
May 15, 2017
Accepted (ET)
May 17, 2017 · 5:22 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, 2017 | M | 397 | $0.00 | A | 974 | D | |
| Common Stock | May 15, 2017 | M | 917 | $0.00 | A | 1,891 | D | |
| Common Stock | May 15, 2017 | M | 2,100 | $23.00 | A | 3,991 | D | |
| Common StockF1 | May 15, 2017 | S | 2,100 | $43.50 | D | 1,891 | D | |
| Common StockF2 | May 16, 2017 | S | 499 | $44.6562 | D | 1,392 | 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 UnitsF3 | $0.00 | May 15, 2017 | M | 397 | D | — | — | Common Stock | 397 | 7,938 | D |
| Restricted Stock UnitsF4 | $0.00 | May 15, 2017 | M | 917 | D | — | — | Common Stock | 917 | 11,005 | D |
| Stock Option (Right to Buy)F5 | $23.00 | May 15, 2017 | M | 2,100 | D | — | Dec 11, 2024 | Common Stock | 2,100 | 11,025 | D |
| Restricted Stock UnitsF6 | $0.00 | May 15, 2017 | A | 6,160 | A | — | — | Common Stock | 6,160 | 6,160 | D |
| Stock Option (Right to Buy)F7 | $44.58 | May 15, 2017 | A | 13,916 | A | — | May 14, 2027 | Common Stock | 13,916 | 13,916 | D |
Explanation of responses
- F1Shares sold pursuant to a 10b5-1 plan.
- F2The 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.
- F3Represents 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.
- F4The 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.
- F515% of the shares shall vest on the first anniversary, 20% of the shares shall vest on the second anniversary, 30% of the shares shall vest on the third anniversary and the remaining 35% of the shares shall vest on the fourth anniversary of December 15, 2014.
- F6The RSUs will vest in equal quarterly installments from May 15, 2017 (the "2017 Vesting Start Date") until the fourth anniversary of the 2017 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.
- F7Shares subject to the Option shall vest in a series of 48 equal monthly installments from April 1, 2017, in each case subject to the Reporting Peron's Continuous Service (as defined in the 2014 Equity Incentive Plan) on such vesting date.