Joseph G. Hadzima Jr - Sep 13, 2023 Form 4 Insider Report for NETSCOUT SYSTEMS INC (NTCT)

Role: Director
Signature: /s/ Greg Sloan, by Power of Attorney
Stock symbol: NTCT
Transactions as of: Sep 13, 2023
Transactions value $: -$194,753
Form type: 4
Date filed: 9/15/2023, 04:30 PM
Previous filing: Aug 29, 2023
Next filing: Sep 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTCT	Common Stock	Sale	-$195K	-7K	-5.06%	$27.82	131K	Sep 13, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The shares of Common Stock were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on June 15, 2023
F2	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 $27.72 to $27.9703. 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 (2) to this Form 4.

Content

The shares of Common Stock were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on June 15, 2023

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 $27.72 to $27.9703. 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 (2) to this Form 4.