SEC Form 4 · accession 0001209191-15-060196
NETSUITE INC · N
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zachary Nelson
Officer — President & CEO · Director
Period of report
Jul 6, 2015
Accepted (ET)
Jul 8, 2015 · 7:42 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 | Jul 6, 2015 | M | 37,016 | $12.40 | A | 1,095,760 | D | |
| Common StockF2 | Jul 6, 2015 | S | 18,544 | $88.504 | D | 1,077,216 | D | |
| Common StockF2 | Jul 6, 2015 | S | 18,072 | $88.9357 | D | 1,059,144 | D | |
| Common StockF2 | Jul 6, 2015 | S | 400 | $89.9875 | D | 1,058,744 | 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 | $12.40 | Jul 6, 2015 | M | 37,016 | D | — | Mar 3, 2020 | Common Stock | 37,016 | 48,061 | 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 1, 2015.
- F2The sale prices reported in column 4 of Table 1 represent the weighted average sale prices of the shares sold ranging from $87.76 to $88.75, $88.76 to $89.3975, and $89.98 to $89.99, 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.
- F3The stock option vested and became exercisable in forty-five monthly installments from March 3, 2010 until December 3, 2013.