Form 4 for NTCT NETSCOUT SYSTEMS INC
Accepted 2024-06-10 00:00:00 ET · period of report 2024-06-06 · accession 0000950170-24-071573 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-06-10 | 2024-06-06 | NTCT | SINGHAL ANIL K | Pres, CEO, Dir | M - OptEx | — | +20.2K | 388.2K | +5% | — |
| D | 2024-06-10 | 2024-06-06 | NTCT | SINGHAL ANIL K | Pres, CEO, Dir | F - Tax | $19.03 | -5,938 | 382.3K | -2% | -$113.0K |
| DM | 2024-06-10 | 2024-06-06 | NTCT | SINGHAL ANIL K | Pres, CEO, Dir | A - Grant | — | +72.0K | 140.4K | +105% | — |
| D | 2024-06-10 | 2024-06-06 | NTCT | SINGHAL ANIL K | Pres, CEO, Dir | M - OptEx | — | -20.2K | 80.6K | -20% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-06 | M | A | 20,160 | — | 388,195 | D | — | — | (F2) The price is N/A. (F1) The shares of Common Stock were acquired upon the vesting of certain performance stock units previously granted to the reporting person. |
| 2 | Common | Common Stock | 2024-06-06 | F | D | 5,938 | $19.03 | 382,257 | D | — | — | (F4) Represents the closing price of the Company's Common Stock on June 5, 2024. (F3) The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units. |
| 3 | Derivative | Performance Stock Unit | 2024-06-06 | A | A | 28,800 | — | 109,440 | D | — · — to — | 28,800 Common Stock | (F2) The price is N/A. (F8) The performance stock units shall vest in a range of 0% to 100% upon the determination of the Compensation Committee of the Board of the attainment of the required relative total shareholder return over the 36-month period commencing on June 6, 2024, and ending on June 5, 2027. (F6) Date is N/A. |
| 4 | Derivative | Performance Stock Unit | 2024-06-06 | M | D | 20,160 | — | 80,640 | D | — · — to — | 20,160 Common Stock | (F2) The price is N/A. (F9) On June 3, 2021, the reporting person was granted 36,000 performance stock units (the "Prior PSUs"), which shall vest in a range of 0% to 100% upon the determination of the Compensation Committee of the Board of the attainment of the required relative total shareholder return over the 36-month period commencing on June 4, 2021, and ending on June 3, 2024. On June 6, 2024, the Compensation Committee of the Board determined that 56% of the Prior PSUs shall vest. |
| 5 | Derivative | Restricted Stock Unit | 2024-06-06 | A | A | 43,200 | — | 140,400 | D | — · — to — | 43,200 Common Stock | (F2) The price is N/A. (F5) The restricted stock units vest in four equal annual installments with the first installment vesting on June 6, 2025. (F6) Date is N/A. |