Filing Details
- Accession Number:
- 0001181431-13-010669
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-02-19 19:25:07
- Reporting Period:
- 2013-02-14
- Filing Date:
- 2013-02-19
- Accepted Time:
- 2013-02-19 19:25:07
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1117106 | Netsuite Inc | N | Services-Prepackaged Software (7372) | 943310471 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1420733 | James Mcgeever | C/O Netsuite Inc. 2955 Campus Drive, Suite 100 San Mateo CA 94403 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2013-02-14 | 8,438 | $5.00 | 303,209 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-02-14 | 3,458 | $10.62 | 306,667 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-02-14 | 18,750 | $12.40 | 325,417 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-02-14 | 11,458 | $13.35 | 336,875 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-02-14 | 10,181 | $29.32 | 347,056 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-02-14 | 4,190 | $46.78 | 351,246 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-02-14 | 15,666 | $65.98 | 335,580 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2013-02-14 | 23,934 | $67.30 | 311,646 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2013-02-14 | 16,875 | $67.78 | 294,771 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-02-14 | 8,438 | $0.00 | 8,438 | $5.00 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-02-14 | 3,458 | $0.00 | 3,458 | $10.62 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-02-14 | 11,458 | $0.00 | 11,458 | $13.35 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-02-14 | 18,750 | $0.00 | 18,750 | $12.40 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-02-14 | 10,181 | $0.00 | 10,181 | $29.32 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-02-14 | 4,190 | $0.00 | 4,190 | $46.78 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 7,734 | 2015-12-30 | No | 4 | M | Direct | |
| 0 | 2018-08-19 | No | 4 | M | Direct | |
| 7,292 | 2019-08-15 | No | 4 | M | Direct | |
| 20,312 | 2020-03-03 | No | 4 | M | Direct | |
| 11,068 | 2021-03-07 | No | 4 | M | Direct | |
| 14,090 | 2022-03-06 | No | 4 | M | Direct |
Footnotes
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2012.
- The sale price reported in column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $65.54 to $66.41, $66.58 to $67.55, and $67.58 to $68.04, 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.
- This option is subject to an early exercise provision and is immediately exercisable. One ninety-sixth of the shares subject to the original option vested on January 30, 2006 and one ninety-sixth of the shares vest monthly thereafter.
- This option is fully vested.
- On June 19, 2009, the Issuer cancelled, pursuant to the Issuer's option exchange program, an option granted to the Reporting Person on August 15, 2008. Each exchanged option to purchase one share of common stock was replaced with a new option to purchase a number of shares of common stock equal to the number of options exchanged multiplied by 0.83 which represents an exchange ratio based on the exercise price of the exchanged option, subject to rounding.
- The original shares underlying this option vest in forty-eight equal monthly installments beginning on September 15, 2009.
- The original shares underlying this option vest in forty-eight equal monthly installments beginning on April 3, 2010.
- The original shares underlying this option vest in forty-eight equal monthly installments beginning on April 3, 2011.
- The original shares underlying this option vest in forty-eight equal monthly installments beginning on April 3, 2012.
Billionaire Hedge Funds
