Filing Details

Accession Number:
0001181431-12-006878
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-08 18:07:47
Reporting Period:
2012-02-06
Filing Date:
2012-02-08
Accepted Time:
2012-02-08 18:07:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1078075 Netscout Systems Inc NTCT Services-Computer Integrated Systems Design (7373) 042837575
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1232882 P David Sommers C/O Netscout Systems, Inc.
310 Littleton Road
Westford MA 01886
Executive Vice-Chairman 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 2012-02-06 17,500 $0.00 193,140 No 4 M Direct
Common Stock Disposition 2012-02-06 5,724 $20.93 187,416 No 4 F Direct
Common Stock Acquisiton 2012-02-07 25,000 $4.22 212,416 No 4 M Direct
Common Stock Disposition 2012-02-07 25,000 $21.12 187,416 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Disposition 2012-02-06 17,500 $0.00 17,500 $0.00
Common Stock Employee Stock Options (Right to Buy) Disposition 2012-02-07 25,000 $0.00 25,000 $4.22
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
53,663 2012-02-06 No 4 M Direct
0 2012-07-17 No 4 M Direct
Footnotes
  1. The shares of Common Stock were acquired upon the vesting of certain Restricted Stock Units previously granted to the reporting person.
  2. Price is N/A.
  3. 2,500 of these shares are held by a trust in which the reporting person has a pecuniary interest.
  4. The shares of Common Stock were withheld by the Company to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units. The withheld shares were returned to treasury.
  5. Represents the closing price of the Company's Common Stock on February 3, 2012.
  6. Option was exercised and related Common stock was sold pursuant to a 10b5-1 plan.
  7. The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share; the actual sales price per share ranged from $20.98 to $21.22.
  8. Date is N/A.
  9. Option vested over three years in equal quarterly installments. The initial portion of the option grant initially became exercisable on September 13, 2003, and the remainder vested in equal quarterly installments thereafter.