JOHN DOWNING - 25 Oct 2022 Form 4 Insider Report for NETSCOUT SYSTEMS INC (NTCT)

Role
EVP, World-Wide Sales
Signature
By: /s/ John Downing
Issuer symbol
NTCT
Transactions as of
25 Oct 2022
Net transactions value
$0
Form type
4
Filing time
27 Oct 2022, 17:54:27 UTC
Previous filing
11 Aug 2022
Next filing
14 Nov 2022
SEC
View on sec.gov

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 Award +27,000 +63% 69,750 25 Oct 2022 Common Stock 27,000 Direct F1, F2, F3
transaction NTCT Performance Stock Unit Award +18,000 +100% 36,000 25 Oct 2022 Common Stock 18,000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price is N/A.
F2 The restricted stock units vest in four equal annual installments with the first installment vesting on October 25, 2023.
F3 Date is N/A.
F4 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 October 26, 2022, and ending on October 25, 2025.