Filing Details

Accession Number:
0001181431-12-010142
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-17 21:42:40
Reporting Period:
2012-02-15
Filing Date:
2012-02-17
Accepted Time:
2012-02-17 21:42:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1117106 Netsuite Inc N Services-Prepackaged Software (7372) 943310471
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1420530 Timothy Dilley C/O Netsuite Inc.
2955 Campus Drive, Suite 100
San Mateo CA 94403
Evp & Chief Customer Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-02-15 22,793 $0.00 134,261 No 4 A Direct
Common Stock Disposition 2012-02-15 930 $46.55 133,331 No 4 S Direct
Common Stock Disposition 2012-02-15 8,336 $45.32 124,995 No 4 S Direct
Common Stock Disposition 2012-02-15 8,426 $46.59 116,569 No 4 S Direct
Common Stock Disposition 2012-02-15 134 $47.06 116,435 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Shares awarded pursuant to performance share units. The Compensation Committee authorized the issuance of the underlying shares based upon the Company's achievement level against certain financial targets and a measure of total stockholder return (TSR) as determined by the Compensation Committee. The financial targets and TSR measurements were set by the Compensation Committee on March 7, 2011. One-twelfth (1/12) of the shares vested on February 15, 2012, with the remaining eleven-twelfths (11/12) of the shares vesting in eleven equal quarterly installments beginning on May 15, 2012.
  2. Shares sold to cover taxes in connection with the vesting on February 15, 2012 of performance share units awarded on March 7, 2011.
  3. Shares sold to cover taxes in connection with the vesting on February 15, 2012 of restricted stock units awarded on August 15, 2008 and August 15, 2009, and performance share units awarded on August 15, 2009 and March 3, 2010. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2011.
  4. The sale price reported in column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $44.98 to $45.85 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  5. The sale price reported in column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $46.04 to $47.02 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  6. The sale price reported in column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $47.05 to $47.06 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.