JOHN DOWNING - 01 Aug 2023 Form 4 Insider Report for NETSCOUT SYSTEMS INC (NTCT)

Role: EVP, World-Wide Sales
Signature: /s/ John Downing
Issuer symbol: NTCT
Transactions as of: 01 Aug 2023
Net transactions value: -$70,602
Form type: 4
Filing time: 03 Aug 2023, 19:26:16 UTC
Previous filing: 20 Jun 2023
Next filing: 09 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTCT	Common Stock	Options Exercise		+7,500	+6.5%		122,641	01 Aug 2023	Direct	F1, F2
transaction	NTCT	Common Stock	Tax liability	$70,602	-2,526	-2.1%	$27.95	120,115	01 Aug 2023	Direct	F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NTCT	Restricted Stock Unit	Options Exercise		-7,500	-9.7%		69,600	01 Aug 2023	Common Stock	7,500		Direct	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of Common Stock were acquired upon the vesting of certain restricted stock units previously granted to the reporting person.
F2	The price is N/A.
F3	The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units.
F4	Represents the closing price of the Company's Common Stock on July 31, 2023.
F5	Date is N/A.