JOHN DOWNING - 15 Jun 2023 Form 4 Insider Report for NETSCOUT SYSTEMS INC (NTCT)

Role
EVP, World-Wide Sales
Signature
/s/ John Downing
Issuer symbol
NTCT
Transactions as of
15 Jun 2023
Net transactions value
$0
Form type
4
Filing time
20 Jun 2023, 16:30:23 UTC
Previous filing
06 Jun 2023
Next filing
03 Aug 2023
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 +21,600 +39% 77,100 15 Jun 2023 Common Stock 21,600 Direct F1, F2, F3
transaction NTCT Performance Stock Unit Award +14,400 +40% 50,400 15 Jun 2023 Common Stock 14,400 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 June 15, 2024.
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 June 15, 2023, and ending on June 14, 2026.