SEC Form 4 · accession 0001209191-15-052949
NETSUITE INC · N
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine R Kinney
Director
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 6:16 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 10, 2015 | M | 2,000 | $11.52 | A | 9,256 | D | |
| Common StockF2 | Jun 10, 2015 | S | 2,000 | $90.97 | D | 7,256 | D | |
| Common StockF3 | Jun 10, 2015 | A | 2,197 | $0.00 | A | 9,453 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (right to buy)F4 | $11.52 | Jun 10, 2015 | M | 2,000 | D | — | Mar 27, 2019 | Common Stock | 2,000 | 18,000 | D |
| Non-qualified Stock Option (right to buy)F5 | $91.07 | Jun 10, 2015 | A | 2,868 | A | — | Jun 10, 2025 | Common Stock | 2,868 | 2,868 | D |
Explanation of responses
- F1The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 28, 2015.
- F2The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $90.34 to $91.23, 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.
- F3The Shares represented by restricted stock units (RSUs) granted on June 10, 2015 under the Company's 2007 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of NetSuite Inc. common stock. The Shares will be 100% vested on June 10, 2016.
- F4This option is fully vested.
- F51/12th of the shares subject to the option vest each month after the vesting commencement date of June 10, 2015.