SEC Form 4 · accession 0001209191-15-063027
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
Jul 28, 2015
Accepted (ET)
Jul 30, 2015 · 8:15 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 28, 2015 | M | 1,043 | $5.00 | A | 70,628 | D | |
| Common Stock | Jul 28, 2015 | M | 521 | $12.40 | A | 71,149 | D | |
| Common Stock | Jul 28, 2015 | M | 637 | $29.32 | A | 71,786 | D | |
| Common Stock | Jul 28, 2015 | M | 32 | $46.78 | A | 71,818 | D | |
| Common Stock | Jul 28, 2015 | M | 530 | $46.78 | A | 72,348 | D | |
| Common Stock | Jul 28, 2015 | M | 7,756 | $71.78 | A | 80,104 | D | |
| Common StockF2 | Jul 28, 2015 | S | 2,738 | $95.91 | D | 77,366 | D | |
| Common StockF3 | Jul 28, 2015 | S | 2,331 | $96.82 | D | 75,035 | D | |
| Common StockF4 | Jul 28, 2015 | S | 3,080 | $98.38 | D | 71,955 | D | |
| Common StockF5 | Jul 28, 2015 | S | 2,370 | $98.97 | 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)F6 | $5.00 | Jul 28, 2015 | M | 1,043 | D | — | Dec 30, 2015 | Common Stock | 1,043 | 0 | D |
| Employee Stock Option (Right to Buy)F7 | $12.40 | Jul 28, 2015 | M | 521 | D | — | Mar 3, 2020 | Common Stock | 521 | 0 | D |
| Employee Stock Option (Right to Buy)F8 | $29.32 | Jul 28, 2015 | M | 637 | D | — | Mar 7, 2021 | Common Stock | 637 | 0 | D |
| Employee Stock Option (Right to Buy)F9 | $46.78 | Jul 28, 2015 | M | 32 | D | — | Mar 3, 2022 | Common Stock | 32 | 1,431 | D |
| Employee Stock Option (Right to Buy)F9 | $46.78 | Jul 28, 2015 | M | 530 | D | — | Mar 3, 2022 | Common Stock | 530 | 255 | D |
| Employee Stock Option (Right to Buy)F10 | $71.78 | Jul 28, 2015 | M | 7,756 | D | — | May 15, 2024 | Common Stock | 7,756 | 22,277 | 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 June 12, 2015.
- F101/48th of the option shares vest each month following the vesting commencement date of 5/15/2014.
- F2The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $95.39 to $96.39, 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 sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $96.40 to $97.16, 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.
- F4The sale prices reported in column 4 of Table I represent the weighted average sale price of the shares sold ranging from $97.84 to $98.74, 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.
- F5The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $98.75 to $99.32, 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.
- F6The option shares vest monthly over 8 years following the vesting commencement date of 12/30/2005.
- F71/48th of the option shares vest each month following the vesting commencement date of 3/3/2010.
- F81/48th of the option shares vest each month following the vesting commencement date of 3/3/2011.
- F91/48th of the option shares vest each month following the vesting commencement date of 3/3/2012.