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NETSCOUT SYSTEMS INC — Director's Dealing 2011
May 5, 2011
31747_dirs_2011-05-05_1890c9e9-b65b-46ef-b2ad-39969095f4d3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NETSCOUT SYSTEMS INC (NTCT)
CIK: 0001078075
Period of Report: 2011-05-03
Reporting Person: DOWNING JOHN (SVP, WorldwideSalesOperations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-03 | Common Stock | S | 10000 | $24.309 | Disposed | 50002 | Direct |
| 2011-05-03 | Common Stock | M | 2500 | — | Acquired | 52502 | Direct |
| 2011-05-03 | Common Stock | F | 794 | $27.02 | Disposed | 51708 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-03 | Restricted Stock Unit | $ | M | 2500 | Disposed | Common Stock (2500) | Direct |
Footnotes
F1: The shares of Common Stock were sold pursuant to a 10b5-1 plan.
F2: 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 $24.24 to $24.39.
F3: The shares of Common Stock were acquired upon the vesting of certain Restricted Stock Units previously granted to the reporting person.
F4: Price is N/A.
F5: The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
F6: Represents the closing price of the Company's Common Stock on April 4, 2011.
F7: Date is N/A