X0305 4 2012-05-22 0 0001117106 NETSUITE INC N 0001420483 Solomon Douglas P. C/O NETSUITE INC. 2955 CAMPUS DRIVE, SUITE 100 SAN MATEO CA 94403 0 1 0 0 SVP, General Counsel & Sec. Common Stock 2012-05-22 4 S 0 737 45.5 D 53969 D Common Stock 2012-05-23 4 M 0 250 10.62 A 54219 D Common Stock 2012-05-23 4 S 0 250 46 D 53969 D Employee Stock Option (right to buy) 10.62 2012-05-23 4 M 0 250 D 2018-08-19 Common Stock 250 1825 D The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2012. The original shares underlying this option become exercisable in twelve equal quarterly installments beginning on August 20, 2009. On June 19, 2009, the Issuer cancelled, pursuant to the Issuer's option exchange program, an option granted to the Reporting Person on August 15, 2008. Each exchanged option to purchase one share of common stock was replaced with a new option to purchase a number of shares of common stock equal to the number of options exchanged multiplied by 0.83 which represents an exchange ratio based on the exercise price of the exchanged option, subject to rounding. /s/ Adriana Botto, by power of attorney 2012-05-24