SEC Form 4 · accession 0001209191-16-121453
NETSUITE INC · N
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Evan Goldberg
Officer — CTO & Chairman of the Board · Director
Period of report
May 16, 2016
Accepted (ET)
May 18, 2016 · 8:08 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 | May 9, 2016 | G | 655 | $0.00 | D | 1,955,943 | I | See footnote |
| Common StockF3 | May 16, 2016 | M | 8,701 | $46.78 | A | 299,024 | D | |
| Common StockF4 | May 16, 2016 | S | 3,100 | $77.2798 | D | 295,924 | D | |
| Common StockF4 | May 16, 2016 | S | 11,511 | $78.2032 | D | 284,413 | D | |
| Common StockF4 | May 16, 2016 | S | 5,389 | $78.9579 | D | 279,024 | 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)F5 | $46.78 | May 16, 2016 | M | 8,701 | D | — | Mar 3, 2022 | Common Stock | 8,701 | 0 | D |
Explanation of responses
- F1Shares held directly by The Evan and Cynthia Goldberg Revocable Trust, of which the Reporting Person is a trustee.
- F2This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 13, 2015.
- F3Includes 431 shares acquired by the Reporting Person on May 9, 2016 pursuant to the Issuer's Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(c).
- F4The sale prices reported in column 4 of Table I represent the weighted average sale prices of the shares sold ranging from $76.56 to $77.53, $77.58 to $78.57, and $78.58 to $79.47, 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 option vested in 48 monthly installments from March 3, 2012 to March 6, 2016.