John Downing - Jun 3, 2023 Form 4 Insider Report for NETSCOUT SYSTEMS INC (NTCT)

Role
EVP, World-Wide Sales
Signature
/s/ John Downing
Stock symbol
NTCT
Transactions as of
Jun 3, 2023
Transactions value $
-$131,345
Form type
4
Date filed
6/6/2023, 08:15 PM
Previous filing
May 19, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTCT Common Stock Options Exercise +7.5K +7.14% 113K Jun 3, 2023 Direct F1, F2
transaction NTCT Common Stock Tax liability -$69.1K -2.21K -1.96% $31.31 110K Jun 3, 2023 Direct F3, F4
transaction NTCT Common Stock Options Exercise +6.75K +6.12% 117K Jun 4, 2023 Direct F1, F2
transaction NTCT Common Stock Tax liability -$62.2K -1.99K -1.7% $31.31 115K Jun 4, 2023 Direct F3, F4

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 -7.5K -10.75% 62.3K Jun 3, 2023 Common Stock 7.5K Direct F2, F5
transaction NTCT Restricted Stock Unit Options Exercise -6.75K -10.84% 55.5K Jun 4, 2023 Common Stock 6.75K Direct F2, F5
* 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 June 2, 2023.
F5 Date is N/A.