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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1117106	Netsuite Inc	N	Services-Prepackaged Software (7372)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1420530	Timothy Dilley	C/O Netsuite Inc. 2955 Campus Drive, Suite 100 San Mateo CA 94403	Evp & Chief Customer 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	2011-02-15	62,800	$0.00	194,679	No	4	A	Direct
Common Stock	Disposition	2011-02-16	15,382	$29.73	179,297	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct

Footnotes

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 3, 2010. One-third of the shares vested on February 15, 2011, with the remaining two-thirds of the shares vesting in two equal annual installments beginning on February 15, 2012.
The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 11, 2010, and amended on December 15, 2010. The shares sold were sold to cover taxes in connection with the vesting on February 15, 2011 of restricted stock units awarded on August 15, 2008 and August 15, 2009, and performance share units awarded on August 15, 2008, August 15, 2009, and March 3, 2010.
The sale price reported in column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $29.30 to $30.15 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.