SEC Form 4 · accession 0001209191-15-079323
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
Nov 6, 2015
Accepted (ET)
Nov 10, 2015 · 4:54 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 | Nov 6, 2015 | M | 37,015 | $13.35 | A | 1,048,636 | D | |
| Common StockF2 | Nov 6, 2015 | S | 33,750 | $85.6698 | D | 1,014,886 | D | |
| Common StockF3 | Nov 6, 2015 | S | 3,265 | $86.8176 | D | 1,011,621 | 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)F4 | $13.35 | Nov 6, 2015 | M | 37,015 | D | — | Aug 14, 2019 | Common Stock | 37,015 | 0 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 1, 2015.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $85.31 to $86.2975 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.
- F3This sale price represents the weighted average sale price of the shares sold ranging from $86.43 to $87.295 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 stock option vested and became exercisable in forty-eight monthly installments from August 15, 2009 to August 15, 2013.