SEC Form 4 · accession 0001209191-18-051263
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
Sep 15, 2018
Accepted (ET)
Sep 17, 2018 · 5:28 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, 2018 | M | 1,798 | $0.00 | A | 21,155 | D | |
| Common StockF1,F2 | Sep 17, 2018 | S | 939 | $101.518 | D | 20,216 | D | |
| Common Stock | Sep 17, 2018 | M | 1,800 | $16.93 | A | 22,016 | D | |
| Common StockF3 | Sep 17, 2018 | S | 1,800 | $106.20 | D | 20,216 | 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, 2018 | M | 1,798 | D | — | — | Common Stock | 1,798 | 1,798 | D |
| Stock Option (Right to Buy)F5 | $16.93 | Sep 17, 2018 | M | 1,800 | D | — | May 15, 2024 | Common Stock | 1,800 | 42,482 | 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 $101.515 to $102.2149 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 trading plan.
- 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.
- F525% 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.