Filing Details

Accession Number:
0001181431-14-007800
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-19 20:23:56
Reporting Period:
2014-02-15
Filing Date:
2014-02-19
Accepted Time:
2014-02-19 20:23:56
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
1420483 P. Douglas Solomon C/O Netsuite Inc.
2955 Campus Drive, Suite 100
San Mateo CA 94403
Svp, General Counsel & Sec. 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 2014-02-15 6,702 $0.00 33,205 No 4 A Direct
Common Stock Disposition 2014-02-18 2,606 $113.35 30,599 No 4 S Direct
Common Stock Disposition 2014-02-18 2,397 $113.85 28,202 No 4 S Direct
Common Stock Disposition 2014-02-18 200 $114.92 28,002 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
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. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 4, 2013.
  3. The sale prices reported in column 4 of Table 1 represent the weighted average sale price of the shares sold ranging from $112.63 to $113.61, $113.65 to $114.48, and $114.69 to $115.15, 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.