SEC Form 4 · accession 0001209191-17-053217
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
Sep 15, 2017
Accepted (ET)
Sep 18, 2017 · 6:19 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 | Sep 15, 2017 | M | 787 | $0.00 | A | 1,364 | D | |
| Common Stock | Sep 15, 2017 | M | 1,050 | $23.00 | A | 2,414 | D | |
| Common StockF1 | Sep 15, 2017 | S | 1,050 | $48.91 | D | 1,364 | D | |
| Common StockF2,F3 | Sep 18, 2017 | S | 299 | $48.3195 | D | 1,065 | 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 | Sep 15, 2017 | M | 787 | D | — | — | Common Stock | 787 | 4,463 | D |
| Stock Option (Right to Buy)F5 | $23.00 | Sep 15, 2017 | M | 1,050 | D | — | Dec 11, 2024 | Common Stock | 1,050 | 8,925 | 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.
- F3The shares were sold at prices ranging from $48.311 to $48.55. 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.
- F415% 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.
- 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.