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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
To rebalance the number of directors serving in each class of the board of directors (the “Board”) of NetScout Systems, Inc. (the “Company”) in accordance with Article Seventh, Section 2 of the Company’s Amended and Restated Certificate of Incorporation, on July 19, 2023, Michael Szabados agreed to resign from his position as a Class I member of the Board subject to his immediate reappointment as a Class III member of the Board, and was immediately appointed as a Class III member of the Board. The resignation and re-appointment of Mr. Szabados was affected solely for the purpose of his reclassification, and for all other purposes, Mr. Szabados’ service on the Board is deemed to have continued uninterrupted.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| NETSCOUT SYSTEMS, INC. | ||
| By: | /s/ Jean Bua | |
| Jean Bua | ||
| Executive Vice President and Chief Financial Officer | ||
Date: July 21, 2023
