4//SEC Filing
Mahendran Radhakrishnan 4
Accession 0000950170-23-062382
CIK 0001448056other
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 6:08 AM ET
Size
11.2 KB
Accession
0000950170-23-062382
Insider Transaction Report
Form 4
NEW RELIC, INC.NEWR
Mahendran Radhakrishnan
Director
Transactions
- Disposition to Issuer
COMMON STOCK
2023-11-08−5,059,021→ 0 total(indirect: See footnote) - Exercise/Conversion
Restricted Stock Units (RSUs)
2023-11-08−2,381→ 0 total→ Common Stock (2,381 underlying) - Exercise/Conversion
COMMON STOCK
2023-11-08+2,381→ 8,442 total - Disposition to Issuer
COMMON STOCK
2023-11-08−8,442→ 0 total
Footnotes (3)
- [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 share of common stock held by the Reporting Person was cancelled and converted into the right to receive the Merger Consideration.
- [F3]The shares are held by funds for which HMI Capital Management, L.P. serves as the investment adviser and HMI Capital Fund GP, LLC serves as the general partner. The Reporting Person is a Partner at HMI Capital Management, L.P. The Reporting Person expressly disclaims beneficial ownership over any of the securities reported herein except to the extent of his pecuniary interest therein.
Documents
Issuer
NEW RELIC, INC.
CIK 0001448056
Entity typeother
Related Parties
1- filerCIK 0001869546
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 6:08 AM ET
- Size
- 11.2 KB