Anil K. Singhal - Aug 1, 2021 Form 4 Insider Report for NETSCOUT SYSTEMS INC (NTCT)

Role
President & Chief Executive Officer, Director
Signature
/s/ Greg Sloan, by Power of Attorney
Stock symbol
NTCT
Transactions as of
Aug 1, 2021
Transactions value $
-$569,114
Form type
4
Date filed
8/3/2021, 08:10 PM
Previous filing
Jun 7, 2021
Next filing
Dec 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTCT Common Stock Options Exercise +45K +17.98% 295K Aug 1, 2021 Direct F1, F2
transaction NTCT Common Stock Tax liability -$569K -20K -6.77% $28.45 275K Aug 3, 2021 Direct F3, F4
holding NTCT Common Stock 1.88M Aug 1, 2021 See Footnote F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTCT Restricted Stock Unit Options Exercise -45K -23.81% 144K Aug 1, 2021 Common Stock 45K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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.

Remarks:

President & Chief Executive Officer