0000950170-24-071574.txt : 20240610
0000950170-24-071574.hdr.sgml : 20240610
20240610213956
ACCESSION NUMBER: 0000950170-24-071574
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: BUA JEAN A
CENTRAL INDEX KEY: 0001183333
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-26251
FILM NUMBER: 241034501
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
0001183333
BUA JEAN A
C/O NETSCOUT SYSTEMS, INC.
310 LITTLETON ROAD
WESTFORD
MA
01886
false
true
false
false
See Remarks
false
Common Stock
2024-06-06
4
M
false
10080
A
96963
D
Common Stock
2024-06-06
4
F
false
2969
19.03
D
93994
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.
EVP, Chief Financial Officer and Treasurer
/s/ Greg Sloan, by Power of Attorney
2024-06-10