Stephen J. Pace - 01 Jun 2023 Form 4 Insider Report for Dynatrace, Inc. (DT)

Role
Chief Revenue Officer
Signature
/s/ Anne-Celine Woelk, by power of attorney
Issuer symbol
DT
Transactions as of
01 Jun 2023
Net transactions value
-$555,618
Form type
4
Filing time
02 Jun 2023, 17:03:01 UTC
Previous filing
19 May 2023
Next filing
09 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DT Common Stock Options Exercise $252,992 +15,812 +8.3% $16.00 206,927 01 Jun 2023 Direct F1
transaction DT Common Stock Sale $153,188 -3,032 -1.5% $50.52 203,895 01 Jun 2023 Direct F1, F2
transaction DT Common Stock Sale $655,422 -12,780 -6.3% $51.28 191,115 01 Jun 2023 Direct F1, F3

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 DT Stock Option (Right to Buy) Options Exercise $0 -15,812 -50% $0.000000 15,812 01 Jun 2023 Common Stock 15,812 $16.00 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2022.
F2 The price reported in Column 4 represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $49.93 to $50.87, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F3 The price reported in Column 4 represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $50.97 to $51.54, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F4 Stock options granted on July 31, 2019, 25% of which vested and became exercisable on August 15, 2020, with the remainder vesting in 12 equal quarterly installments thereafter.