SEC Form 4 · accession 0001209191-15-050741
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
Jun 3, 2015
Accepted (ET)
Jun 5, 2015 · 5:48 pm EDT
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 | Jun 3, 2015 | M | 145 | $46.78 | A | 70,324 | D | |
| Common Stock | Jun 3, 2015 | M | 43 | $46.78 | A | 70,367 | D | |
| Common Stock | Jun 3, 2015 | S | 100 | $91.60 | D | 70,267 | D | |
| Common StockF2 | Jun 3, 2015 | S | 682 | $92.77 | D | 69,585 | 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 | $46.78 | Jun 3, 2015 | M | 145 | D | — | Mar 3, 2022 | Common Stock | 145 | 1,463 | D |
| Employee Stock Option (Right to Buy)F3 | $46.78 | Jun 3, 2015 | M | 43 | D | — | Mar 3, 2022 | Common Stock | 43 | 785 | D |
Explanation of responses
- F1The sales 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 price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $92.50 to $93.02, per share. 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.
- F31/48th of the option shares vest each month following the vesting commencement date of 3/3/2012.