SEC Form 4 · accession 0001209191-18-038635
NEW RELIC, INC. · NEWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erica Schultz
Officer — Chief Revenue Officer
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 5:21 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, 2018 | M | 1,800 | $16.93 | A | 21,157 | D | |
| Common StockF1 | Jun 15, 2018 | S | 1,800 | $108.40 | D | 19,357 | D | |
| Common Stock | Jun 15, 2018 | M | 1,798 | $0.00 | A | 21,155 | D | |
| Common StockF2 | Jun 18, 2018 | S | 889 | $109.141 | D | 20,266 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $16.93 | Jun 15, 2018 | M | 1,800 | D | — | May 15, 2024 | Common Stock | 1,800 | 47,882 | D |
| Restricted Stock UnitsF4 | $0.00 | Jun 15, 2018 | M | 1,798 | D | — | — | Common Stock | 1,798 | 3,596 | D |
Explanation of responses
- F1Shares sold pursuant to a 10b5-1 trading 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.
- F325% of the shares subject to the option vested on the first anniversary of April 2, 2014, and the remainder vest in equal monthly installments thereafter.
- F410% of the shares underlying the RSUs vested on the first anniversary of December 15, 2014 (the "Vesting Start Date"); 5% of the shares underlying the RSUs vested in equal quarterly installments thereafter until the second anniversary of the Vesting Start Date and 8.75% of the shares underlying the RSUs shall vest in equal quarterly installments thereafter until the fourth anniversary of the Vesting Start Date.