SEC Form 4 · accession 0001209191-16-129431
NETSUITE INC · N
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Gomo
Director
Period of report
Jun 21, 2016
Accepted (ET)
Jun 23, 2016 · 8:23 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 | Jun 21, 2016 | A | 2,556 | $0.00 | A | 10,981 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $78.25 | Jun 21, 2016 | A | 3,854 | A | — | Jun 21, 2026 | Common Stock | 3,854 | 3,854 | D |
Explanation of responses
- F1The shares represent restricted stock units (RSUs) granted on June 21, 2016. Each unit represents a contingent right to receive one share of NetSuite Inc. common stock. The RSUs vest in their entirety on the earlier of (i) the date of the Issuer's next annual meeting of stockholders following the date of grant of the award or (ii) December 31, 2017, subject to the Reporting Person's continuing status as a board member with the Issuer on each such date.
- F21/12th of the shares subject to the option vest each month after the vesting commencement date of June 21, 2016, subject to the Reporting Person's continuing status as a board member with the Issuer on each such date.