4//SEC Filing
SOMMERS DAVID P 4
Accession 0001181431-12-006878
CIK 0001078075other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 6:07 PM ET
Size
14.4 KB
Accession
0001181431-12-006878
Insider Transaction Report
Form 4
SOMMERS DAVID P
CFO & VP General Operations
Transactions
- Exercise/Conversion
Common Stock
2012-02-07$4.22/sh+25,000$105,500→ 212,416 total - Exercise/Conversion
Common Stock
2012-02-06+17,500→ 193,140 total - Tax Payment
Common Stock
2012-02-06$20.93/sh−5,724$119,803→ 187,416 total - Exercise/Conversion
Restricted Stock Unit
2012-02-06−17,500→ 53,663 totalFrom: 2012-02-06→ Common Stock (17,500 underlying) - Sale
Common Stock
2012-02-07$21.12/sh−25,000$528,000→ 187,416 total - Exercise/Conversion
Employee Stock Options (Right to Buy)
2012-02-07−25,000→ 0 totalExercise: $4.22Exp: 2012-07-17→ Common Stock (25,000 underlying)
Footnotes (9)
- [F1]The shares of Common Stock were acquired upon the vesting of certain Restricted Stock Units previously granted to the reporting person.
- [F2]Price is N/A.
- [F3]2,500 of these shares are held by a trust in which the reporting person has a pecuniary interest.
- [F4]The shares of Common Stock were withheld by the Company to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units. The withheld shares were returned to treasury.
- [F5]Represents the closing price of the Company's Common Stock on February 3, 2012.
- [F6]Option was exercised and related Common stock was sold pursuant to a 10b5-1 plan.
- [F7]The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share; the actual sales price per share ranged from $20.98 to $21.22.
- [F8]Date is N/A.
- [F9]Option vested over three years in equal quarterly installments. The initial portion of the option grant initially became exercisable on September 13, 2003, and the remainder vested in equal quarterly installments thereafter.
Documents
Issuer
NETSCOUT SYSTEMS INC
CIK 0001078075
Entity typeother
Related Parties
1- filerCIK 0001232882
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 6:07 PM ET
- Size
- 14.4 KB