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NETSCOUT SYSTEMS INC Director's Dealing 2020

Aug 4, 2020

31747_dirs_2020-08-04_17ab8f60-1438-46a8-9c8a-76e54d4d2f5e.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: 2020-08-01

Reporting Person: SZABADOS MICHAEL (Director, Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-08-01 Common Stock M 26250 Acquired 69666 Direct
2020-08-04 Common Stock F 9140 $25.78 Disposed 60526 Direct
2020-08-04 Common Stock S 6000 $25.3545 Disposed 54526 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-08-01 Restricted Stock Unit $ M 26250 Disposed Common Stock (26250) Direct

Footnotes

F1: The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person.

F2: The price is N/A.

F3: The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.

F4: Represents the closing price of the Company's Common Stock on August 3, 2020.

F5: The shares of Common Stock were sold pursuant to a 10b5-1 plan.

F6: 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 $25.01 to $25.64. 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 (6) to this Form 4.

F7: Date is N/A.