SEC Form 4 · accession 0001209191-16-112543
NETSUITE INC · N
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James McGeever
Officer — President and COO
Period of report
Apr 1, 2016
Accepted (ET)
Apr 4, 2016 · 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 StockF1 | Apr 1, 2016 | A | 79,808 | $0.00 | A | 410,306 | 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)F2 | $69.25 | Apr 1, 2016 | A | 56,993 | A | — | Apr 1, 2026 | Common Stock | 56,993 | 56,993 | D |
Explanation of responses
- F1The shares represent restricted stock units (RSUs) granted on April 1, 2016 under the Issuer's 2007 Equity Incentive Plan. Each unit represents a contingent right to receive one share of NetSuite Inc. common stock. The RSUs vest in sixteen equal quarterly installments after March 3, 2016.
- F2The option vests in forty-eight equal monthly installments after March 3, 2016.