William Staples - 08 Nov 2023 Form 4 Insider Report for NEW RELIC, INC. (NEWR)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
William Staples, by /s/ Lauren Walz, Attorney-in-Fact
Issuer symbol
NEWR
Transactions as of
08 Nov 2023
Transactions value $
$0
Form type
4
Filing time
13 Nov 2023, 06:08:56 UTC
Previous filing
31 Oct 2023
Next filing
16 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEWR COMMON STOCK Options Exercise +140K +125.03% 251K 08 Nov 2023 Direct F1
transaction NEWR COMMON STOCK Options Exercise +400K +159.06% 651K 08 Nov 2023 Direct F2
transaction NEWR COMMON STOCK Options Exercise +33.9K +5.2% 685K 08 Nov 2023 Direct F3
transaction NEWR COMMON STOCK Disposed to Issuer -685K -100% 0 08 Nov 2023 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NEWR Restricted Stock Units (RSUs) Options Exercise -5.7K -100% 0 08 Nov 2023 Common Stock 5.7K Direct F1
transaction NEWR Restricted Stock Units (RSUs) Options Exercise -33.3K -100% 0 08 Nov 2023 Common Stock 33.3K Direct F1
transaction NEWR Restricted Stock Units (RSUs) Options Exercise -40.7K -100% 0 08 Nov 2023 Common Stock 40.7K Direct F1
transaction NEWR Restricted Stock Units (RSUs) Options Exercise -60K -100% 0 08 Nov 2023 Common Stock 60K Direct F1
transaction NEWR Performance Stock Units (PSUs) Options Exercise -400K -100% 0 08 Nov 2023 Common Stock 400K Direct F2
transaction NEWR Stock Option (Right to Buy) Options Exercise -112K -100% 0 08 Nov 2023 Common Stock 33.9K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William Staples is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On November 8, 2023, pursuant to the Agreement and Plan of Merger, dated as of July 30, 2023, (the "Merger Agreement"), by and among Crewline Buyer, Inc., a Delaware corporation ("Parent"), Crewline Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), and New Relic, Inc. ("Issuer"), Merger Sub merged with and into Issuer and the separate corporate existence of Merger Sub ceased, with Issuer continuing as the surviving corporation (the "Merger") and a wholly owned subsidiary of Parent, and each outstanding restricted stock unit held by the Reporting Person was converted into the right to receive $87.00 in cash (the "Merger Consideration"), subject to any continued vesting conditions in accordance with the terms of the Merger Agreement.
F2 Pursuant to the Merger Agreement, each outstanding vested performance stock unit held by the Reporting Person at the closing of the Merger was cancelled and converted into the right to receive the Merger Consideration.
F3 Pursuant to the Merger Agreement, each outstanding vested option to purchase shares of common stock of Issuer held by the Reporting Person was cancelled and converted into the right to receive a cash payment for each share underlying stock option equal to the difference between the Merger Consideration and the exercise price per share.
F4 Pursuant to the Merger Agreement, each outstanding share of common stock held by the Reporting Person was cancelled and converted into the right to receive the Merger Consideration.