4//SEC Filing
Burns Kevin C 4
Accession 0001773383-22-000044
CIK 0001773383other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 8:54 PM ET
Size
12.0 KB
Accession
0001773383-22-000044
Insider Transaction Report
Form 4
Burns Kevin C
See Remarks
Transactions
- Sale
Common Stock
2022-05-16$34.26/sh−4,233$145,037→ 76,863 total - Award
Common Stock
2022-05-16+40,652→ 117,515 total - Award
Common Stock
2022-05-16+31,639→ 149,154 total - Sale
Common Stock
2022-05-17$34.01/sh−17,464$593,951→ 131,690 total
Holdings
- 10,000(indirect: See Footnote)
Common Stock
Footnotes (6)
- [F1]Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
- [F2]The price reported in Column 4 represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.2585 to $34.2712, 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]Represents shares earned under the Performance Stock Units ("PSUs") granted on May 15, 2021, upon certification of performance results by the Compensation Committee based on the achievements of certain operational metrics for the year ended March 31, 2022. The PSUs were awarded under the Company's 2019 Equity Incentive Plan, 25% of the earned PSUs vested on May 16, 2022 and the remaining 75% will vest in equal quarterly installments over the subsequent three years, subject to continued employment.
- [F4]Represents shares earned upon the vesting and settlement of one third of PSUs granted on May 15, 2021, upon certification of performance results by the Compensation Committee based on the achievements of certain operational metrics for the year ended March 31, 2022. These PSUs were awarded under the Company's 2019 Equity Incentive Plan and the remaining PSUs will vest in two equal yearly installments, subject to the achievements of pre-established metrics for each fiscal year ending March 31, 2023 and March 31, 2024.
- [F5]Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of PSUs.
- [F6]Shares held by the Kevin C. Burns Irrevocable GST Trust of 2018. Judith Burns is the trustee of the Kevin C. Burns Irrevocable GST Trust of 2018. The Reporting Person may be deemed to have shared voting and investment power with respect to the shares held by such trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
Dynatrace, Inc.
CIK 0001773383
Entity typeother
Related Parties
1- filerCIK 0001430692
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 8:54 PM ET
- Size
- 12.0 KB