0000950170-24-071569.txt : 20240610 0000950170-24-071569.hdr.sgml : 20240610 20240610213623 ACCESSION NUMBER: 0000950170-24-071569 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240606 FILED AS OF DATE: 20240610 DATE AS OF CHANGE: 20240610 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DOWNING JOHN CENTRAL INDEX KEY: 0001232878 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26251 FILM NUMBER: 241034495 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] ORGANIZATION NAME: 06 Technology 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 ownership.xml 4 X0508 4 2024-06-06 0001078075 NETSCOUT SYSTEMS INC NTCT 0001232878 DOWNING JOHN C/O NETSCOUT SYSTEMS, INC. 310 LITTLETON ROAD WESTFORD MA 01886 false true false false EVP, World-Wide Sales false Common Stock 2024-06-06 4 M false 10080 A 134997 D Common Stock 2024-06-06 4 F false 2969 19.03 D 132028 D Performance Stock Unit 2024-06-06 4 M false 10080 D Common Stock 10080 40320 D Restricted Stock Unit 2024-06-06 4 A false 21600 A Common Stock 21600 70200 D Performance Stock Unit 2024-06-06 4 A false 14400 A Common Stock 14400 54720 D The shares of Common Stock were acquired upon the vesting of certain performance 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 5, 2024. The restricted stock units vest in four equal annual installments with the first installment vesting on June 6, 2025. Date is N/A. 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 6, 2024, and ending on June 5, 2027. On June 3, 2021, the reporting person was granted 18,000 performance stock units (the "Prior PSUs"), which 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. On June 6, 2024, the Compensation Committee of the Board determined that 56% of the Prior PSUs shall vest. /s/ John Downing 2024-06-10