Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.2)*
| New Relic, Inc. |
| (Name of Issuer) |
| Common Stock |
| (Title of Class of Securities) |
| 64829B100 |
| (CUSIP Number) |
| HMI Capital Management, L.P. | 555 California Street, Suite 4900 | San Francisco, CA 94104 | (415)-391-9500 | Copy to: | Emily M. Brakebill | 555 California Street, Suite 4900 | San Francisco, CA 94104 | (415)-391-9500 |
| (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
| November 8, 2023 |
| (Date of Event Which Requires Filing of this Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-l(e), 240.13d-l(t) or 240.13d-1(g), check the following box x
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d- 7 for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 64829B100 | 13D | Page 2 of 11 Pages |
|
1. |
NAME OF REPORTING PERSONS HMI Capital Management, L.P.
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2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) o (b) x
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3. |
SEC USE ONLY
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4.
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SOURCE OF FUNDS AF
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5.
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o
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6.
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CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7. |
SOLE VOTING POWER 0
| |
|
8. |
SHARED VOTING POWER 0
| ||
|
9. |
SOLE DISPOSITIVE POWER 0
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10.
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SHARED DISPOSITIVE POWER 0
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11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
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|
12. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
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13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0%
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14.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA
| ||
| CUSIP No. 64829B100 | 13D | Page 3 of 11 Pages |
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1. |
NAME OF REPORTING PERSONS HMI Capital Fund GP, LLC
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2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) o (b) x
| ||
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3. |
SEC USE ONLY
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4.
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SOURCE OF FUNDS AF
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5.
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o
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6.
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CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7. |
SOLE VOTING POWER 0
| |
|
8. |
SHARED VOTING POWER 0
| ||
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9. |
SOLE DISPOSITIVE POWER 0
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10.
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SHARED DISPOSITIVE POWER 0
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|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
|
12. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
| ||
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13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0%
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14.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC
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| CUSIP No. 64829B100 | 13D | Page 4 of 11 Pages |
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1. |
NAME OF REPORTING PERSONS Members GP, LLC
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2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) o (b) x
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3. |
SEC USE ONLY
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|
4.
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SOURCE OF FUNDS AF
| ||
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5.
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o
| ||
|
6.
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CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7. |
SOLE VOTING POWER 0
| |
|
8. |
SHARED VOTING POWER 0
| ||
|
9. |
SOLE DISPOSITIVE POWER 0
| ||
|
10.
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SHARED DISPOSITIVE POWER 0
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|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
|
12. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
| ||
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0%
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14.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC
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| CUSIP No. 64829B100 | 13D | Page 5 of 11 Pages |
|
1. |
NAME OF REPORTING PERSONS Marco W. Hellman
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2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) o (b) x
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3. |
SEC USE ONLY
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4.
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SOURCE OF FUNDS IA
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5.
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o
| ||
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6.
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CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7. |
SOLE VOTING POWER 0
| |
|
8. |
SHARED VOTING POWER 0
| ||
|
9. |
SOLE DISPOSITIVE POWER 0
| ||
|
10.
|
SHARED DISPOSITIVE POWER 0
| ||
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
|
12. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
| ||
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13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0%
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14.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN
| ||
| CUSIP No. 64829B100 | 13D | Page 6 of 11 Pages |
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1. |
NAME OF REPORTING PERSONS Justin C. Nyweide
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2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) o (b) x
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3. |
SEC USE ONLY
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4.
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SOURCE OF FUNDS IA
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5.
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o
| ||
|
6.
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CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7. |
SOLE VOTING POWER 0
| |
|
8. |
SHARED VOTING POWER 0
| ||
|
9. |
SOLE DISPOSITIVE POWER 0
| ||
|
10.
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SHARED DISPOSITIVE POWER 0
| ||
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
|
12. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
| ||
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0%
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14.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN
| ||
| CUSIP No. 64829B100 | 13D | Page 7 of 11 Pages |
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1. |
NAME OF REPORTING PERSONS Sean M. Barrett
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2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) o (b) x
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3. |
SEC USE ONLY
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4.
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SOURCE OF FUNDS IA
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5.
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CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o
| ||
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6.
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CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7. |
SOLE VOTING POWER 0
| |
|
8. |
SHARED VOTING POWER 0
| ||
|
9. |
SOLE DISPOSITIVE POWER 0
| ||
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10.
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SHARED DISPOSITIVE POWER 0
| ||
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
|
12. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
| ||
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0%
| ||
|
14.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN
| ||
| CUSIP No. 64829B100 | 13D | Page 8 of 11 Pages |
|
1. |
NAME OF REPORTING PERSONS Radhakrishnan Raman Mahendran
| ||
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) o (b) x
| ||
|
3. |
SEC USE ONLY
| ||
|
4.
|
SOURCE OF FUNDS AF
| ||
|
5.
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o
| ||
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7. |
SOLE VOTING POWER 0
| |
|
8. |
SHARED VOTING POWER 0
| ||
|
9. |
SOLE DISPOSITIVE POWER 0
| ||
|
10.
|
SHARED DISPOSITIVE POWER 0
| ||
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
|
12. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
| ||
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0%
| ||
|
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN
| ||
| CUSIP No. 64829B100 | 13D | Page 9 of 11 Pages |
|
1. |
NAME OF REPORTING PERSONS HMI Capital Partners, L.P.
| ||
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) o (b) x
| ||
|
3. |
SEC USE ONLY
| ||
|
4.
|
SOURCE OF FUNDS WC
| ||
|
5.
|
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o
| ||
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
| ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7. |
SOLE VOTING POWER 0
| |
|
8. |
SHARED VOTING POWER 0
| ||
|
9. |
SOLE DISPOSITIVE POWER 0
| ||
|
10.
|
SHARED DISPOSITIVE POWER 0
| ||
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
|
12. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
| ||
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0%
| ||
|
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN
| ||
| CUSIP No. 64829B100 | 13D | Page 10 of 11 Pages |
This Amendment No. 2 (the "Amendment") amends and supplements the Schedule 13D filed by the Reporting Persons on July 6, 2021, as amended by Amendment No. 1 filed on August 1, 2023 (the "Original Schedule 13D" and, as amended and supplemented by this Amendment, the "Schedule 13D"), with respect to the Common Stock of the Issuer. Capitalized terms used in this Amendment and not otherwise defined shall have the same meanings ascribed to them in the Original Schedule 13D.
| Item 4. | Purpose of Transaction: |
Item 4 of the Schedule 13D is amended and supplemented by adding the following:
The Merger was consummated on November 8, 2023 and all shares of Common Stock beneficially owned by the Reporting Persons were cancelled and converted into the right to receive $87.00 per share in cash.
| Item 5. | Interest in Securities of the Issuer: |
The responses to Item 4 of this Schedule 13D are incorporated herein by reference.
| (a), (b) | The Reporting Persons do not beneficially own any interests in the Issuer. |
| (c) | Other than as described in Item 4, the Reporting Persons have not made any transactions in the Issuer's Common Stock in the sixty days prior to the date of this report. |
| (d) | Not applicable. |
| (e) | November 8, 2023. |
| CUSIP No. 64829B100 | 13D | Page 11 of 11 Pages |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
IN WITNESS WHEREOF, the undersigned have set their hands this 13th day of November, 2023.
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HMI Capital Management, L.P. Members GP, LLC HMI Fund Capital GP, LLC HMI Capital Partners, L.P. Marco W. Hellman Justin C. Nyweide Sean M. Barrett Radhakrishnan Raman Mahendran By: /s/Emily M. Brakebill Name: Emily M. Brakebill Title: Chief Operating Officer of HMI Capital Management, L.P., for itself, Members GP, LLC, for itself HMI Capital Fund GP, LLC, for itself and as general partner of HMI Capital Partners, L.P., as attorney-in-fact for Marco W. Hellman, Justin C. Nyweide, Sean M. Barrett, and Radhakrishnan Raman Mahendran
|