diff --git a/CHANGELOG.md b/CHANGELOG.md
index 28e213e..7e696b5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # [Unreleased]
 
+# [2.16.3] - 2022-06-13
+## Fixed
+- Fixes potential deadlock by updating `dashmap` dependency.
+- Updates other dependencies to pull-in bugfixes.
+- Improves memcache sampler reconnect logic.
+
 # [2.16.2] - 2022-03-22
 ## Fixed
 - Fixes scheduler runqueue latency BPF for newer kernels (>= 5.14) and those
@@ -237,7 +243,8 @@ characteristics.
 
 Initial release.
 
-[Unreleased]: https://github.com/twitter/rezolus/compare/v2.16.2...HEAD
+[Unreleased]: https://github.com/twitter/rezolus/compare/v2.16.3...HEAD
+[2.16.3]: https://github.com/twitter/rezolus/compare/v2.16.2...v2.16.3
 [2.16.2]: https://github.com/twitter/rezolus/compare/v2.16.1...v2.16.2
 [2.16.1]: https://github.com/twitter/rezolus/compare/v2.16.0...v2.16.1
 [2.16.0]: https://github.com/twitter/rezolus/compare/v2.15.2...v2.16.0
diff --git a/Cargo.lock b/Cargo.lock
index 4bbb533..361eeb5 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1137,7 +1137,7 @@ dependencies = [
 
 [[package]]
 name = "rezolus"
-version = "2.16.3-alpha.0"
+version = "2.16.3"
 dependencies = [
  "anyhow",
  "async-trait",
diff --git a/Cargo.toml b/Cargo.toml
index 1d0e246..fa45389 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "rezolus"
-version = "2.16.3-alpha.0"
+version = "2.16.3"
 authors = ["Brian Martin <bmartin@twitter.com>"]
 license = "Apache-2.0"
 publish = false