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NETSCOUT SYSTEMS INC — Director's Dealing 2016
Feb 4, 2016
31747_dirs_2016-02-04_d15ca850-33a9-44fe-9837-640b66bc4444.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: 2016-02-02
Reporting Person: SZABADOS MICHAEL (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-02 | Common Stock | F | 19 | $20.94 | Disposed | 50526 | Direct |
| 2016-02-02 | Common Stock | S | 5000 | $21.0368 | Disposed | 45526 | Direct |
Footnotes
F1: The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the delivery of shares pursuant to Restricted Stock Units which vested on 12/11/2015 and which shares of Common Stock were delivered to the reporting person on 2/2/2016.
F2: Represents the closing price of the Company's Common Stock on February 1, 2016.
F3: The shares of Common Stock were sold pursuant to a 10b5-1 plan.
F4: 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 $21.00 to $21.05. The reporting person undertakes to provide to NetScout Systems, Inc., any security holder of NetScout Systems, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.