SEC Form 4 · accession 0000899243-16-033512
NETSCOUT SYSTEMS INC · NTCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Szabados
Officer — Chief Operating Officer
Period of report
Nov 13, 2016
Accepted (ET)
Nov 15, 2016 · 4:16 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 StockF2,F1 | Nov 13, 2016 | M | 7,500 | — | A | 51,507 | D | |
| Common StockF4 | Nov 13, 2016 | F | 3,281 | $31.60 | D | 48,226 | 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 | — | Nov 13, 2016 | M | 7,500 | D | Nov 13, 2016 | — | Common Stock | 7,500 | 78,900 | 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 November 11, 2016.
- F5Date is N/A