Steve Hurn - 19 Apr 2022 Form 4 Insider Report for NEW RELIC, INC. (NEWR)

Role
Chief Sales Officer
Signature
Steve Hurn, by /s/ Hannah E. Fleek, Attorney-in-Fact
Issuer symbol
NEWR
Transactions as of
19 Apr 2022
Transactions value $
-$327,354
Form type
4
Filing time
21 Apr 2022, 17:36:00 UTC
Previous filing
16 Feb 2022
Next filing
17 May 2022
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 $0 +9.41K +48.08% $0.00 29K 19 Apr 2022 Direct F1
transaction NEWR Common Stock Sale -$327K -4.64K -16.02% $70.52 24.3K 20 Apr 2022 Direct F2, 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 NEWR Performance Stock Units Options Exercise $0 -9.41K -100% $0.00* 0 19 Apr 2022 Common Stock 9.41K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock received upon settlement of a performance share unit award (the "PSU Award").
F2 The 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 performance stock units, as well as any related brokerage commission fees.
F3 The shares were sold at prices ranging from $70.095 to $70.92. 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.
F4 The vesting of the PSU Award was subject to the achievement of certain performance-based criteria by the Reporting Person and Issuer through the Issuer's fiscal year ending March 31, 2022 (the "Performance Period"). The PSUs vested at the end of the Performance Period and were settled for shares of Common Stock on April 19, 2022, following certification of the achievement of the criteria by the Issuer.