SC 13G/A 1 a2070764zsc13ga.txt SC 13G/A ---------------------------- OMB APPROVAL ---------------------------- OMB Number: 3235-0145 Expires: October 31, 2002 Estimated average burden hours per response..14.90 ---------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 2)* NETSCOUT SYSTEMS, INC. -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $.001 PAR VALUE -------------------------------------------------------------------------------- (Title of Class of Securities) 64115 T 10 4 -------------------------------------------------------------------------------- (CUSIP Number) DECEMBER 31, 2001 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: | | Rule 13d-1(b) | | Rule 13d-1(c) |X| Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 8 Pages ----------------------------- ------------------------------ CUSIP NO. 64115 T 10 4 13G Page 2 of 8 Pages ----------------------------- ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Narendra Popat -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) | | (b) | | -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 917,153 shares NUMBER OF ------------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 340,000 shares ------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 917,153 shares ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 340,000 shares -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,257,153 shares -------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.2% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 8 Pages ----------------------------- ------------------------------ CUSIP NO. 64115 T 10 4 13G Page 3 of 8 Pages ----------------------------- ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Jyoti Popat -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) | | (b) | | -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 shares NUMBER OF ------------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 691,716 shares ------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 0 shares ------------------------------------------------------ WITH 8 SHARED DISPOSITIVE POWER 691,716 shares -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 691,716 shares -------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.3% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Page 3 of 8 Pages SCHEDULE 13G Item 1(a). NAME OF ISSUER: NetScout Systems, Inc. (the "Company"). -------------- Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: ----------------------------------------------- 310 Littleton Road, Westford, MA 01886. Item 2(a). NAMES OF PERSONS FILING: Narendra Popat and Jyoti Popat. ----------------------- Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: ------------------------------------------------------------ The address of the principal business office of Narendra Popat is 310 Littleton Road, Westford, MA 01886. The residence of Jyoti Popat is 355 Pope Road, Concord, MA 01742. Item 2(c). CITIZENSHIP: Narendra Popat and Jyoti Popat are citizens of ----------- the United States. Item 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, $.001 Par Value. ---------------------------- Item 2(e). CUSIP NUMBER: 64115 T 10 4 ------------ Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: ------------------------------------------------------------------- Not Applicable. Item 4. OWNERSHIP. --------- (a) Amount Beneficially Owned: Mr. Popat beneficially owns 1,257,153 shares of Common Stock. Mr. Popat directly owns 898,535 shares of Common Stock and has presently-exercisable options to purchase 18,618 shares of Common Stock. Mrs. Popat beneficially owns 691,716 shares of Common Stock, including an aggregate of 351,716 shares held by trusts for the benefit of Mr. and Mrs. Popat's children; Mrs. Popat is one of the trustees of such trusts. 340,000 shares of Common Stock are held by a family limited partnership of which Mr. and Mrs. Popat are the general partners and trusts for the benefit of their children are limited partners. Mr. and Mrs. Popat are spouses. Mr. Popat may be deemed to beneficially own the 691,716 shares of Common Stock beneficially owned by Mrs. Popat. Mr. Popat disclaims beneficial ownership of 351,716 of such shares. Mrs. Popat may be deemed to beneficially own the 1,257,153 shares of Common Stock beneficially owned by Mr. Popat. Mrs. Popat disclaims beneficial ownership of 917,153 of such shares. Page 4 of 8 Pages The amount beneficially owned by Mr. and Mrs. Popat does not include 500,000 shares of Common Stock held by The Jyoti N. Popat GRAT - 2001, 2,000,000 shares of Common Stock held by The Jyoti N. Popat GRAT II - 2001 and 1,000,000 shares of Common Stock held by the Millennium Trust. Neither Mr. nor Mrs. Popat have voting power or dispositive power over the shares of Common Stock held by such trusts. (b) Percent of Class: Narendra Popat: 4.2% Jyoti Popat: 2.3% The foregoing percentages are calculated based on the 29,763,280 shares of Common Stock reported to be outstanding on February 7, 2002 in the Company's Form 10-Q for the quarter ended December 31, 2001. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Narendra Popat: 917,153 Jyoti Popat: 0 (ii) shared power to vote or to direct the vote: Narendra Popat: 340,000 Jyoti Popat: 691,716 (iii) sole power to dispose or direct the disposition of: Narendra Popat: 917,153 Jyoti Popat: 0 (iv) shared power to dispose or direct the disposition of: Narendra Popat: 340,000 Jyoti Popat: 691,716 Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. -------------------------------------------- Not Applicable. Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. --------------------------------------------------------------- Not Applicable. Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. ------------------------------------------------------------------ Not Applicable. Page 5 of 8 Pages Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. --------------------------------------------------------- Not Applicable. Item 9. NOTICE OF DISSOLUTION OF GROUP. ------------------------------ Not Applicable. Item 10. CERTIFICATION. ------------- Not Applicable. This statement on Schedule 13G is not filed pursuant to Rule 13d-1(b) nor 13d-1(c). Page 6 of 8 Pages SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2002 /s/ Narendra Popat ---------------------- Narendra Popat /s/ Jyoti Popat ---------------------- Jyoti Popat Page 7 of 8 Pages EXHIBIT 1 AGREEMENT Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing information required by Schedule 13G needs be filed with respect to the ownership by each of the undersigned of shares of capital stock of NetScout Systems, Inc. Dated: February 14, 2002 /s/ Narendra Popat ---------------------- Narendra Popat /s/ Jyoti Popat ---------------------- Jyoti Popat Page 8 of 8 Pages