Filing Details

Accession Number:
0001181431-14-007797
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-19 20:23:12
Reporting Period:
2014-02-15
Filing Date:
2014-02-19
Accepted Time:
2014-02-19 20:23:12
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
1420734 Evan Goldberg C/O Netsuite Inc.
2955 Campus Drive, Suite 100
San Mateo CA 94403
Cto & Chairman Of The Board Yes 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 2014-02-15 35,745 $0.00 88,940 No 4 A Direct
Common Stock Disposition 2014-02-18 2,096 $112.72 2,642,184 No 4 S Indirect See footnote
Common Stock Disposition 2014-02-18 15,643 $113.57 2,626,541 No 4 S Indirect See footnote
Common Stock Disposition 2014-02-18 2,061 $114.42 2,624,480 No 4 S Indirect See footnote
Common Stock Disposition 2014-02-18 200 $115.15 2,624,280 No 4 S Indirect See footnote
Common Stock Disposition 2014-02-19 11,464 $114.56 64,078 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,637,678 Indirect See footnote
Footnotes
  1. 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.
  2. Excludes 2,644,280 shares previously held directly by the Reporting Person which were re-registered and are now indirectly held by The Evan and Cynthia Goldberg Revocable Trust.
  3. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 7, 2013, as amended February 11, 2014.
  4. The sale prices reported in column 4 of Table 1 represent the weighted average sale price of the shares sold ranging from $112.01 to $113.00, $113.11 to $114.03, $114.12 to $115.09, and $115.12 to $115.17 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.
  5. Includes 2,644,280 shares previously held directly by the Reporting Person which were re-registered and are now held indirectly held by The Evan and Cynthia Goldberg Revocable Trust, less the 2,096 shares sold pursuant to the Reported Transaction.
  6. Shares held directly by The Evan and Cynthia Goldberg Revocable Trust (the "Trust"). The Reporting Person is a Trustee of the Trust.
  7. The sale price reported in column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $114.35 to $114.69 per share. 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.
  8. Excludes 13,398 shares previously held directly by the Reporting Person which were re-registered and are now indirectly held by The Evan and Cynthia Goldberg Revocable Trust.
  9. Includes 13,398 shares previously held directly by the Reporting Person which were re-registered and are now indirectly held by The Evan and Cynthia Goldberg Revocable Trust.