SEC Form 4 · accession 0001209191-17-049298
NEW RELIC, INC. · NEWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R. Gochee
Officer — Chief Product Officer
Period of report
Aug 15, 2017
Accepted (ET)
Aug 16, 2017 · 7:37 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, 2017 | M | 529 | $0.00 | A | 353,839 | D | |
| Common Stock | Aug 15, 2017 | M | 1,467 | $0.00 | A | 355,306 | D | |
| Common Stock | Aug 15, 2017 | M | 287 | $0.00 | A | 355,593 | D | |
| Common Stock | Aug 15, 2017 | M | 1,154 | $0.00 | A | 356,747 | D | |
| Common StockF1,F2 | Aug 16, 2017 | S | 1,767 | $45.9165 | D | 354,980 | D | |
| Common StockF3 | Aug 16, 2017 | S | 4,000 | $45.95 | A | 350,980 | 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 UnitsF4 | $0.00 | Aug 15, 2017 | M | 529 | D | — | — | Common Stock | 529 | 7,409 | D |
| Restricted Stock UnitsF5 | $0.00 | Aug 15, 2017 | M | 1,467 | D | — | — | Common Stock | 1,467 | 16,141 | D |
| Restricted Stock UnitsF6 | $0.00 | Aug 15, 2017 | M | 287 | D | — | — | Comon Stock | 287 | 2,290 | D |
| Restricted Stock UnitsF7 | $0.00 | Aug 15, 2017 | M | 1,154 | D | — | — | Common Stock | 1,154 | 17,325 | 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 $45.8995 to $45.9175. 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.
- F3Shares sold pursuant to a 10b5-1 plan.
- F4Represents 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 "May 2015 Vesting Start Date"); 3.75% of the RSUs shall vest in equal quarterly installments thereafter until the second anniversary of the May 2015 Vesting Start Date; 5.00% of the RSUs shall vest in equal quarterly installments thereafter until the third anniversary of the May 2015 Vesting Start Date; and 13.75% of the RSUs shall vest in equal quarterly installments thereafter until the fourth anniversary of the May 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.
- F5The 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.
- F625% of the shares underlying the RSUs shall vest on the first anniversary of August 15, 2015 (the "August 15 Vesting Start Date") and 1/16th of the shares underlying the RSUs shall vest in equal quarterly installments thereafter until the fourth anniversary of the August 2015 Vesting Start Date, in each case subject to the grantee being a Service Provider (as defined in the 2014 Equity Incentive Plan) on such vesting date.
- F7The 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.