December 22, 2025 · Form 4 insider transaction
DEL MATTO ANDREW H sold 329,566 shares of NETSKOPE INC at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 7 days after the transaction.
Each performance-based RSU, or PSU, represents a contingent right to receive one share of Class B Common Stock.; The PSUs vested upon satisfaction of certain market capitalization milestones and continued employment of the reporting person through such date. Settlement of the vested PSUs is deferred until December 31, 2025.; The PSUs vest upon the Issuer's achievement of certain market capitalization milestones: 1/3 of the PSUs vest upon the Issuer's achievement of each of a $10 billion market capitalization, $12.5 billion market capitalization, and $15 billion market capitalization. Market capitalization will be measured as of the closing of the Issuer's initial public offering and as of each monthly anniversary thereafter based on the highest 60-day trading average per share ending during the applicable month, as reasonably determined by the board of directors or board committee, and determined on a prorated basis if the market capitalization is between any two market capitalization milestones.