SEC Form 4 · accession 0000899243-16-012472
NETSCOUT SYSTEMS INC · NTCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent J Mullarkey
Director
Period of report
Jan 28, 2016
Accepted (ET)
Feb 1, 2016 · 8:00 pm EST
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 StockF1,F2 | Jan 28, 2016 | S | 16,000 | $22.1547 | D | 34,759 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person had no discretion with respect to the sale of these shares. This represents an involuntary sale effected by a financial institution pursuant to a margin call created when the issuer's stock traded below certain price levels.
- F2The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share; the actual sales price per share ranged from $22.06 to $22.27 The reporting person undertakes to provide to NetScout Systems, Inc., any security holder of NetScout Systems, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.