SEC Form 4 · accession 0001209191-18-059299
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
Nov 15, 2018
Accepted (ET)
Nov 19, 2018 · 6:17 pm EST
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 | Nov 15, 2018 | M | 1,800 | $16.93 | A | 26,922 | D | |
| Common StockF1 | Nov 15, 2018 | S | 1,800 | $81.48 | D | 25,122 | D | |
| Common Stock | Nov 15, 2018 | M | 1,235 | $0.00 | A | 26,357 | D | |
| Common Stock | Nov 15, 2018 | M | 550 | $0.00 | A | 26,907 | D | |
| Common Stock | Nov 15, 2018 | M | 181 | $0.00 | A | 27,088 | D | |
| Common Stock | Nov 15, 2018 | M | 917 | $0.00 | A | 28,005 | D | |
| Common Stock | Nov 15, 2018 | M | 616 | $0.00 | A | 28,621 | D | |
| Common Stock | Nov 15, 2018 | M | 182 | $0.00 | A | 28,803 | D | |
| Common StockF2,F3 | Nov 16, 2018 | S | 1,879 | $83.6436 | D | 26,924 | 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)F4 | $16.93 | Nov 15, 2018 | M | 1,800 | D | — | May 15, 2024 | Common Stock | 1,800 | 33,976 | D |
| Restricted Stock UnitsF5 | $0.00 | Nov 15, 2018 | M | 1,235 | D | — | May 14, 2028 | Common Stock | 1,235 | 17,286 | D |
| Restricted Stock UnitsF6 | $0.00 | Nov 15, 2018 | M | 550 | D | — | May 14, 2025 | Common Stock | 550 | 1,099 | D |
| Restricted Stock UnitsF7 | $0.00 | Nov 15, 2018 | M | 181 | D | — | Aug 16, 2025 | Common Stock | 181 | 546 | D |
| Restricted Stock UnitsF8 | $0.00 | Nov 15, 2018 | M | 917 | D | — | May 14, 2026 | Common Stock | 917 | 5,503 | D |
| Restricted Stock UnitsF9 | $0.00 | Nov 15, 2018 | M | 616 | D | — | May 14, 2027 | Common Stock | 616 | 6,160 | D |
| Restricted Stock UnitsF10 | $0.00 | Nov 15, 2018 | M | 182 | D | — | Nov 14, 2027 | Common Stock | 182 | 2,180 | D |
Explanation of responses
- F1Shares sold pursuant to a 10b5-1 trading plan.
- F106.25% of the units vest on each quarterly anniversary after November 15, 2017.
- 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 between $83.22 and $83.91. 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.
- F4Fully vested and exercisable.
- F5The RSUs will vest in equal quarterly installments from May 15, 2018 (the "Vesting Start Date") until the fourth anniversary of the 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 May 15, 2015 (the "Vesting Start Date") and the remainder of the shares underlying the RSUs shall vest in equal quarterly installments thereafter.
- F725% of the shares underlying the RSUs shall vest on the first anniversary of August 15, 2015 (the "Vesting Start Date") and the remainder of the shares underlying the RSUs shall vest in equal quarterly installments thereafter.
- F86.25% of the units vest on each quarterly anniversary after May 15, 2016.
- F96.25% of the units vest on each quarterly anniversary after May 15, 2017.