0000899243-21-022374.txt : 20210607
0000899243-21-022374.hdr.sgml : 20210607
20210607193823
ACCESSION NUMBER: 0000899243-21-022374
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210603
FILED AS OF DATE: 20210607
DATE AS OF CHANGE: 20210607
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DOWNING JOHN
CENTRAL INDEX KEY: 0001232878
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-26251
FILM NUMBER: 211000906
MAIL ADDRESS:
STREET 1: 310 LITTLETON ROAD
CITY: WESTFORD
STATE: MA
ZIP: 01886
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NETSCOUT SYSTEMS INC
CENTRAL INDEX KEY: 0001078075
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
IRS NUMBER: 042837575
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 310 LITTLETON ROAD
CITY: WESTFORD
STATE: MA
ZIP: 01886
BUSINESS PHONE: 978-614-4000
MAIL ADDRESS:
STREET 1: 310 LITTLETON ROAD
CITY: WESTFORD
STATE: MA
ZIP: 01886
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-06-03
0
0001078075
NETSCOUT SYSTEMS INC
NTCT
0001232878
DOWNING JOHN
C/O NETSCOUT SYSTEMS, INC.
310 LITTLETON ROAD
WESTFORD
MA
01886
0
1
0
0
EVP, World-Wide Sales
Common Stock
2021-06-03
4
M
0
7500
A
99116
D
Common Stock
2021-06-03
4
F
0
2199
29.26
D
96917
D
Restricted Stock Unit
2021-06-03
4
M
0
7500
D
2021-06-03
Common Stock
7500
67500
D
Restricted Stock Unit
2021-06-04
4
A
0
27000
A
Common Stock
27000
94500
D
Performance Stock Unit
2021-06-04
4
A
0
18000
A
Common Stock
18000
18000
D
The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person.
The price is N/A.
The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
Represents the closing price of the Company's Common Stock on June 2, 2021.
Date is N/A.
The restricted stock units vest in four equal annual installments with the first installment vesting on June 3, 2022.
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 4, 2021, and ending on June 3, 2024.
/s/ John Downing
2021-06-07