SEC Form 4 · accession 0001209191-17-040479
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
Jun 16, 2017
Accepted (ET)
Jun 16, 2017 · 4:13 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 | Jun 15, 2017 | M | 788 | $0.00 | A | 1,365 | D | |
| Common StockF1,F2 | Jun 16, 2017 | S | 298 | $41.327 | D | 1,067 | 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 | Jun 15, 2017 | M | 788 | D | — | — | Common Stock | 788 | 5,250 | 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 $41.321 to $41.33. 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.
- F315% of the units vest on the first anniversary of December 15, 2014, 20% of the units vest quarterly thereafter over the next twelve months, 30% of the units vest quarterly thereafter over the next 12 months and the remaining 35% of the units vest quarterly thereafter over the last 12 months.