Michael Szabados - Jan 30, 2024 Form 4 Insider Report for NETSCOUT SYSTEMS INC (NTCT)

Signature
/s/ Greg Sloan, by Power of Attorney
Stock symbol
NTCT
Transactions as of
Jan 30, 2024
Transactions value $
-$110,665
Form type
4
Date filed
1/31/2024, 04:15 PM
Previous filing
Dec 11, 2023
Next filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTCT Common Stock Sale -$111K -5K -16.09% $22.13 26.1K Jan 30, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares of Common Stock were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on September 7, 2023.
F2 The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share; the actual sales price per share ranged from $21.97 to $22.26. The reporting person undertakes to provide to NetScout Systems, Inc., any security holder of NetScout Systems, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.