NETSCOUT SYSTEMS INC 4
4 · NETSCOUT SYSTEMS INC · Filed Nov 17, 2003
Insider Transaction Report
Form 4
SCHICIANO KENNETH T
Director
Transactions
- Sale
Common Stock
2003-11-13−0→ 26,837 total(indirect: See Footnote 3) - Sale
Common Stock
2003-11-13$7.50/sh−6,360$47,700→ 99,619 total(indirect: See Footnote 2)
Holdings
- 10,000
Director's Option
Exercise: $5.41From: 2004-10-14Exp: 2013-10-14→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]10,000 stock options are exercisable on 10/14/04, provided that during such year, the reporting person attends at least 75% of the of the meetings of the Board and at least 75% of the meetings of any committee of the Board of which the reporting person is a member. In the event the attendance requirements are are not met, the options will not become exercisable until 10/14/06.
- [F2]The reporting person may be deemed to have an indirect pecuniary interest as a member of TA Investors LLC in 99,619 shares of Common Stock. The reporting person disclaims beneficial ownership of all such securities, except to the extent of 15,287 shares of Common Stock as to which he holds a pecuniary interest. TA Investors LLC sold 976 shares of Common stock on 11/13/03 on behalf of the reporting person.
- [F3]The reporting person may be deemed to have an indirect pecuniary interest as a partner of High Street Partners L.P. in 26,837 shares of Common Stock. The reporting person disclaims beneficial ownership of all such securities, except to the extent of 3,354 shares of Common Stock as to which he holds a pecuniary interest.