NETSUITE INC 4
4 · NETSUITE INC · Filed Feb 19, 2014
Insider Transaction Report
Form 4
Dilley Timothy
Chief Customer Officer
Transactions
- Sale
Common Stock
2014-02-18$112.96/sh−1,474$166,501→ 46,686 total - Award
Common Stock
2014-02-15+13,748→ 48,160 total - Sale
Common Stock
2014-02-18$113.81/sh−3,294$374,906→ 43,392 total - Sale
Common Stock
2014-02-18$115.11/sh−200$23,021→ 43,192 total
Footnotes (3)
- [F1]Shares awarded pursuant to performance share units. The Compensation Committee authorized the issuance of the underlying shares based upon the Company's achievement level against certain financial targets as determined by the Compensation Committee. The financial targets were set by the Compensation Committee on March 19, 2013. One-third of the shares vested on February 15, 2014, with the remaining two-thirds of the shares vesting in two equal annual installments beginning on February 15, 2015.
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2013.
- [F3]The sale prices reported in column 4 of Table 1 represent the weighted average sale price of the shares sold ranging from $112.435 to $113.31, $113.49 to $114.46, and $115.05 to $115.16 , 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.