SEC Form 4 · accession 0001209191-19-011826
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
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 8:05 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 StockF1 | Feb 15, 2019 | M | 1,235 | $0.00 | A | 25,361 | D | |
| Common Stock | Feb 15, 2019 | M | 549 | $0.00 | A | 25,910 | D | |
| Common Stock | Feb 15, 2019 | M | 182 | $0.00 | A | 26,092 | D | |
| Common Stock | Feb 15, 2019 | M | 917 | $0.00 | A | 27,009 | D | |
| Common Stock | Feb 15, 2019 | M | 616 | $0.00 | A | 27,625 | D | |
| Common Stock | Feb 15, 2019 | M | 182 | $0.00 | A | 27,807 | D | |
| Common StockF2,F3 | Feb 19, 2019 | S | 1,276 | $106.8907 | D | 26,531 | D | |
| Common Stock | Feb 20, 2019 | S | 2,405 | $105.65 | D | 24,126 | 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 | Feb 15, 2019 | M | 1,235 | D | — | May 14, 2028 | Common Stock | 1,235 | 16,051 | D |
| Restricted Stock UnitsF5 | $0.00 | Feb 15, 2019 | M | 549 | D | — | May 14, 2025 | Common Stock | 549 | 550 | D |
| Restricted Stock UnitsF6 | $0.00 | Feb 15, 2019 | M | 182 | D | — | Aug 16, 2025 | Common Stock | 182 | 364 | D |
| Restricted Stock UnitsF7 | $0.00 | Feb 15, 2019 | M | 917 | D | — | May 14, 2026 | Common Stock | 917 | 4,586 | D |
| Restricted Stock UnitsF8 | $0.00 | Feb 15, 2019 | M | 616 | D | — | May 14, 2027 | Common Stock | 616 | 5,544 | D |
| Restricted Stock UnitsF9 | $0.00 | Feb 15, 2019 | M | 182 | D | — | Nov 14, 2027 | Common Stock | 182 | 1,998 | D |
Explanation of responses
- F1Includes 245 shares acquired on February 14, 2019 under the Issuer's Employee Stock Purchase 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 between $106.64 and $107.03. 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.
- F4Represents Restricted Stock Units ("RSUs"). The 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.
- F525% 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.
- F625% 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.
- F76.25% of the units vest on each quarterly anniversary after May 15, 2016.
- F86.25% of the units vest on each quarterly anniversary after May 15, 2017.
- F96.25% of the units vest on each quarterly anniversary after November 15, 2017.