NETSCOUT SYSTEMS INC — Director's Dealing 2021

Jun 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETSCOUT SYSTEMS INC (NTCT)
CIK: 0001078075
Period of Report: 2021-06-03

Reporting Person: SINGHAL ANIL K (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-03	Common Stock	M	15000	—	Acquired	254709	Direct
2021-06-03	Common Stock	F	4418	$29.26	Disposed	250291	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-03	Restricted Stock Unit	$	M	15000	Disposed		Common Stock (15000)	Direct
2021-06-04	Restricted Stock Unit	$	A	54000	Acquired		Common Stock (54000)	Direct
2021-06-04	Performance Stock Unit	$	A	36000	Acquired		Common Stock (36000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1876449	Indirect

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 June 2, 2021.

F5: The shares of Common Stock are beneficially owned by various trusts for the benefit of the reporting person and his spouse.

F6: Date is N/A.

F7: The restricted stock units vest in four equal annual installments with the first installment vesting on June 3, 2022.

F8: The performance stock units shall vest in a range of 0% to 100% upon the determination of the Compensation Committee of the Board of the attainment of the required relative total shareholder return over the 36-month period commencing on June 4, 2021, and ending on June 3, 2024.