SEC Form 4 · accession 0001209191-16-090990
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
Jan 8, 2016
Accepted (ET)
Jan 12, 2016 · 4:45 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 StockF2 | Jan 8, 2016 | M | 9,414 | $29.32 | A | 782,511 | I | See footnote |
| Common StockF2 | Jan 8, 2016 | S | 9,414 | $80.00 | D | 773,097 | I | See footnote |
| Common Stock | holding | — | — | — | 222,152 | 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 | $29.32 | Jan 8, 2016 | M | 9,414 | D | — | Mar 7, 2021 | Common Stock | 9,414 | 15,117 | 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.
- F2Shares held by Zachary Nelson & Elizabeth Horn TR UA 02 28 15 EZ Living Trust, of which the Reporting Person is a trustee.
- F3The stock option vested and became exercisable in forty-eight monthly installments from March 3, 2011 to March 3, 2021.