SEC Form 4 · accession 0001209191-15-023227
NETSUITE INC · N
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Huffman
Officer — President WW Sales & Distrib
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 8:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001117106
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 3, 2015 | M | 212 | $29.32 | A | 69,163 | D | |
| Common Stock | Mar 3, 2015 | M | 188 | $46.78 | A | 69,351 | D | |
| Common StockF2 | Mar 3, 2015 | S | 300 | $96.6067 | D | 69,051 | D | |
| Common StockF2 | Mar 3, 2015 | S | 655 | $97.3576 | D | 68,396 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $29.32 | Mar 3, 2015 | M | 212 | D | — | Mar 7, 2021 | Common Stock | 212 | 637 | D |
| Employee Stock Option (Right to Buy)F4 | $46.78 | Mar 3, 2015 | M | 188 | D | — | Mar 6, 2022 | Common Stock | 188 | 2,811 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2014.
- F2The sale prices reported in column 4 of Table I represent the weighted average sale price of the shares sold ranging from $96.24 to $96.91 and $97.04 to $97.70, per share, respectively. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F3This option vests in forty-eight equal monthly installments beginning on April 3, 2011.
- F4This option vests in forty-eight equal monthly installments beginning on April 3, 2012.