SEC Form 4 · accession 0000899243-15-004606
NETSCOUT SYSTEMS INC · NTCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Downing
Officer — SVP,Worldwide Sales Operations
Period of report
Sep 4, 2015
Accepted (ET)
Sep 9, 2015 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001078075
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Sep 7, 2015 | M | 4,200 | — | A | 99,105 | D | |
| Common StockF4 | Sep 7, 2015 | F | 1,365 | $35.59 | D | 97,740 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F5,F6 | — | Sep 4, 2015 | A | 30,000 | A | — | — | Common Stock | 30,000 | 70,314 | D |
| Restricted Stock UnitF2,F5 | — | Sep 7, 2015 | M | 4,200 | D | Sep 7, 2015 | — | Common Stock | 4,200 | 66,114 | D |
Explanation of responses
- F1The shares of Common Stock were acquired upon the vesting of certain Restricted Stock Units previously granted to the reporting person.
- F2Price is N/A.
- F3The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
- F4Represents the closing price of the Company's Common Stock on September 4, 2015.
- F5The restricted stock units vest in four equal annual installments with the first installment vesting on September 4, 2016.
- F6Date is N/A.