SEC Form 4 · accession 0000899243-18-021225
NETSCOUT SYSTEMS INC · NTCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Downing
Officer — See Remarks
Period of report
Aug 1, 2018
Accepted (ET)
Aug 2, 2018 · 5:01 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 | Aug 1, 2018 | M | 7,500 | — | A | 99,843 | D | |
| Common StockF4 | Aug 1, 2018 | F | 2,209 | $26.80 | D | 97,634 | 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 | — | Aug 1, 2018 | M | 7,500 | D | Aug 1, 2018 | — | Common Stock | 7,500 | 88,800 | 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 July 31, 2018.
- F5Date is N/A.
Remarks
EVP, Worldwide Sales Operations