-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KP2WZtAk2RsCL+mfmkdFHm6nbAcxLpx5B/3yXHsodHRUq3SDmPbzCMHQkHSLMDQc yUA/V4g4XweYkHFsghZzdQ== 0000908737-06-000475.txt : 20060626 0000908737-06-000475.hdr.sgml : 20060626 20060626171512 ACCESSION NUMBER: 0000908737-06-000475 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060623 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20060626 DATE AS OF CHANGE: 20060626 FILER: 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 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26251 FILM NUMBER: 06925155 BUSINESS ADDRESS: STREET 1: 4 TECHNOLOGY PARK DR CITY: WESTFORD STATE: MA ZIP: 01886 BUSINESS PHONE: 9786144000 MAIL ADDRESS: STREET 1: 4 TECHNOLOGY PARK DRIVE CITY: WESTFORD STATE: MA ZIP: 01886 8-K 1 netscout8k.htm

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 23, 2006

 

 

 

NetScout Systems, Inc.

 

(Exact Name of Registrant as Specified in its Charter)

 

Delaware

 

(State or Other Jurisdiction of Incorporation)

0000-26251

 

04-2837575

(Commission File Number)

 

(IRS Employer Identification No.)

 

 

 

310 Littleton Road, Westford, Massachusetts

 

01886

(Address of Principal Executive Offices)

 

(Zip Code)

 

 

(978) 614-4000

 

 

(Registrant’s Telephone Number, Including Area Code)

 

 

Not Applicable

 

 

(Former Name or Former Address, If Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

 

ITEM 1.01. ENTRY INTO MATERIAL DEFINITIVE AGREEMENT.

On June 23, 2006, the Compensation Committee of the Board of Directors of NetScout Systems, Inc. (the “Company”) approved the payment of performance bonus payments for the fiscal year ending March 31, 2006 to the following executive officers:

Anil K. Singhal

President, Chief Executive Officer, Treasurer and Director

$260,000

Narendra V. Popat

Chairman of the Board and Secretary

$260,000

David P. Sommers

Senior Vice President, General Operations and Chief Financial Officer

$128,000

John W. Downing

Vice President, Worldwide Sales Operations

$177,117*

Michael Szabados

Senior Vice President, Product Operations

$128,000

*Except for the amount paid to Mr. Downing, all other bonuses were discretionary. Mr. Downing’s compensation was calculated based on bookings made during the course of the fiscal year ended March 31, 2006 pursuant to a previously established arrangement between the Company and Mr. Downing. The Company has also entered into a compensation arrangement with Mr. Downing for bookings to be made during the course of the fiscal year ended 2007. The specific terms of Mr. Downing’s arrangement are not being disclosed because they involve confidential commercial and business information, the disclosure of which would have an adverse effect on the Company.

 

 

 

 


 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

NETSCOUT SYSTEMS, INC.
 

By:    /s/ David P. Sommers            

 

David P. Sommers

 

Chief Financial Officer and
Senior Vice President, General Operations

 

Date: June 26, 2006

 

 


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