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: DOWNING JOHN (EVP, World-Wide Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-03	Common Stock	M	7500	—	Acquired	99116	Direct
2021-06-03	Common Stock	F	2199	$29.26	Disposed	96917	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-03	Restricted Stock Unit	$	M	7500	Disposed		Common Stock (7500)	Direct
2021-06-04	Restricted Stock Unit	$	A	27000	Acquired		Common Stock (27000)	Direct
2021-06-04	Performance Stock Unit	$	A	18000	Acquired		Common Stock (18000)	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 June 2, 2021.

F5: Date is N/A.

F6: The restricted stock units vest in four equal annual installments with the first installment vesting on June 3, 2022.

F7: 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.