NETSUITE INC 4
4 · NETSUITE INC · Filed Jun 23, 2016
Insider Transaction Report
Form 4
Beane William L. III
Director
Transactions
- Award
Common Stock
2016-06-21+2,556→ 12,452 total - Award
Stock Option (Right to Buy)
2016-06-21+3,854→ 3,854 totalExercise: $78.25Exp: 2026-06-21→ Common Stock (3,854 underlying)
Footnotes (2)
- [F1]The 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.
- [F2]1/12th 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.