Has the 180-day lock up period in connection with NetSuites IPO expired?
A. Yes. The IPO lock up period expired on June 16, 2008. NetSuite’s outside counsel, Wilson, Sonsini, Goodrich and Rosati, has delivered a blanket opinion to our transfer agent, Wells Fargo Shareowner Services, to cover the removal of restrictive legends from eligible stock certificates. Unaffiliated holders that have held shares for one year or longer are now eligible to have all restrictive legends removed from their stock certificates. Unaffiliated holders that have held shares for six months or longer are now permitted to sell their shares through a broker subject to NetSuite’s insider trading compliance policy and any applicable trading black out periods. Note that holders cannot have restrictive legends removed from their stock certificates or sell their shares through a broker until they have first exchanged their pre-split stock certificates for post-split stock certificates. Holders should coordinate with their broker and NetSuite’s transfer agent, Wells Fargo Shareowner Servi
