Michael Szabados - Aug 9, 2022 Form 4 Insider Report for NETSCOUT SYSTEMS INC (NTCT)

Signature
By: /s/ Greg Sloan, by Power of Attorney
Stock symbol
NTCT
Transactions as of
Aug 9, 2022
Transactions value $
-$512,066
Form type
4
Date filed
8/11/2022, 04:15 PM
Previous filing
Aug 3, 2022
Next filing
Oct 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTCT Common Stock Tax liability -$258K -7.6K -13.71% $33.95 47.8K Aug 9, 2022 Direct F1, F2
transaction NTCT Common Stock Sale -$254K -7.5K -15.69% $33.89 40.3K Aug 9, 2022 Direct F3, F4
* 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 withheld to satisfy the reporting person's tax withholding obligation upon the delivery of shares pursuant to Restricted Stock Units which vested on August 1, 2022 and which shares of Common Stock were delivered to the reporting person on August 9, 2022.
F2 Represents the closing price of the Company's Common Stock on August 8, 2022.
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 $33.63 to $34.15. 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.