FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Thoma Bravo, LLC
  2. Issuer Name and Ticker or Trading Symbol
Dynatrace, Inc. [DT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O THOMA BRAVO, LLC, 150 NORTH RIVERSIDE PLAZA, SUITE 2800
3. Date of Earliest Transaction (Month/Day/Year)
12/18/2019
(Street)

CHICAGO, IL 60606
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/18/2019   S   3,636,066 D $ 24.0075 (1) 167,430,199 (2) I (3) See footnote (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Thoma Bravo, LLC
C/O THOMA BRAVO, LLC
150 NORTH RIVERSIDE PLAZA, SUITE 2800
CHICAGO, IL 60606
    X    
THOMA BRAVO PARTNERS X, L.P.
C/O THOMA BRAVO, LLC
150 NORTH RIVERSIDE PLAZA, SUITE 2800
CHICAGO, IL 60606
    X    
THOMA BRAVO PARTNERS XI, L.P.
C/O THOMA BRAVO, LLC
150 NORTH RIVERSIDE PLAZA, SUITE 2800
CHICAGO, IL 60606
    X    
THOMA BRAVO FUND X, L.P.
C/O THOMA BRAVO, LLC
150 NORTH RIVERSIDE PLAZA, SUITE 2800
CHICAGO, IL 60606
    X    
THOMA BRAVO FUND X-A, L.P.
C/O THOMA BRAVO, LLC
150 NORTH RIVERSIDE PLAZA, SUITE 2800
CHICAGO, IL 60606
    X    
THOMA BRAVO SPECIAL OPPORTUNITIES FUND I, L.P.
C/O THOMA BRAVO, LLC
150 NORTH RIVERSIDE PLAZA, SUITE 2800
CHICAGO, IL 60606
    X    
THOMA BRAVO SPECIAL OPPORTUNITIES FUND I AIV, L.P.
C/O THOMA BRAVO, LLC
150 NORTH RIVERSIDE PLAZA, SUITE 2800
CHICAGO, IL 60606
    X    
THOMA BRAVO FUND XI, L.P.
C/O THOMA BRAVO, LLC
150 NORTH RIVERSIDE PLAZA, SUITE 2800
CHICAGO, IL 60606
    X    
THOMA BRAVO FUND XI-A, L.P.
C/O THOMA BRAVO, LLC
150 NORTH RIVERSIDE PLAZA, SUITE 2800
CHICAGO, IL 60606
    X    
THOMA BRAVO EXECUTIVE FUND XI, L.P.
C/O THOMA BRAVO, LLC
150 NORTH RIVERSIDE PLAZA, SUITE 2800
CHICAGO, IL 60606
    X    

Signatures

 /s/ Seth Boro, Managing Partner of Thoma Bravo, LLC   12/18/2019
**Signature of Reporting Person Date

 /s/ Seth Boro, Managing Partner of Thoma Bravo, LLC, the General Partner of Thoma Bravo Partners X, L.P.   12/18/2019
**Signature of Reporting Person Date

 /s/ Seth Boro, Managing Partner of Thoma Bravo, LLC, the GP of Thoma Bravo Partners XI, L.P.   12/18/2019
**Signature of Reporting Person Date

 /s/ Seth Boro, Managing Partner of Thoma Bravo, LLC, the GP of Thoma Bravo Partners X, L.P., the GP of Thoma Bravo Fund X, L.P.   12/18/2019
**Signature of Reporting Person Date

 /s/ Seth Boro, Managing Partner of Thoma Bravo, LLC, the GP of Thoma Bravo Partners X, L.P., the GP of Thoma Bravo Fund X-A, L.P.   12/18/2019
**Signature of Reporting Person Date

 /s/ Seth Boro, Managing Partner of Thoma Bravo, LLC, the GP of Thoma Bravo Partners X, L.P., the GP of Thoma Bravo Special Opportunities Fund I, L.P.   12/18/2019
**Signature of Reporting Person Date

 /s/ Seth Boro, Managing Partner of Thoma Bravo, LLC, the GP of Thoma Bravo Partners X, L.P., the GP of Thoma Bravo Special Opportunities Fund I AIV, L.P.   12/18/2019
**Signature of Reporting Person Date

 /s/ Seth Boro, Managing Partner of Thoma Bravo, LLC, the GP of Thoma Bravo Partners XI, L.P., the GP of Thoma Bravo Fund XI, L.P.   12/18/2019
**Signature of Reporting Person Date

 /s/ Seth Boro, Managing Partner of Thoma Bravo, LLC, the GP of Thoma Bravo Partners XI, L.P., the GP of Thoma Bravo Fund XI-A, L.P.   12/18/2019
**Signature of Reporting Person Date

 /s/ Seth Boro, Managing Partner of Thoma Bravo, LLC, the GP of Thoma Bravo Partners XI, L.P., the GP of Thoma Bravo Executive Fund XI, L.P.   12/18/2019
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents the offering price to the public of $24.75 per share, less the underwriters' discount of $0.7425 per share.
(2) Consists of 18,365,879 shares held directly by Thoma Bravo Fund X, L.P. ("TB Fund X"), 4,017,395 shares held directly by Thoma Bravo Fund X-A, L.P. ("TB Fund X-A"), 86,507,162 shares held directly by Thoma Bravo Fund XI, L.P. ("TB Fund XI"), 43,446,027 shares held directly by Thoma Bravo Fund XI-A, L.P. ("TB Fund XI-A"), 1,908,429 shares held directly by Thoma Bravo Executive Fund XI, L.P. ("TB Exec Fund"), 1,575,805 shares held directly by Thoma Bravo Special Opportunities Fund I, L.P. ("TB SOF") and 11,609,502 shares held directly by Thoma Bravo Special Opportunities Fund I AIV, L.P. ("TB SOF AIV").
(3) Thoma Bravo Partners X, L.P. ("TB Partners X") is the general partner of each of TB Fund X, TB Fund X-A, TB SOF and TB SOF AIV. Thoma Bravo Partners XI, L.P. ("TB Partners XI") is the general partner of each of TB Fund XI, TB Fund XI-A and TB Exec Fund. Thoma Bravo, LLC is the general partner of each of TB Partners X and TB Partners XI. By virtue of the relationships described in this footnote, Thoma Bravo, LLC may be deemed to exercise voting and dispositive power with respect to the shares held by TB Fund X, TB Fund X-A, TB SOF, TB SOF AIV, TB Fund XI, TB Fund XI-A and TB Exec Fund. Each of TB Partners X, TB Partners XI and Thoma Bravo, LLC disclaims beneficial ownership of the shares owned by TB Fund X, TB Fund X-A, TB SOF, TB SOF AIV, TB Fund XI, TB Fund XI-A and TB Exec Fund except to the extent of its pecuniary interest therein.

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