Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Gill Ronald S
   2. Issuer Name and Ticker or Trading Symbol
NETSUITE INC [N] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last)
(First)
(Middle)
2955 CAMPUS DRIVE, SUITE 100		 3. Date of Earliest Transaction (Month/Day/Year)
11/07/2016
(Street)

SAN MATEO, CA 94403		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/07/2016   D   21,147 (1) D (2) 0 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 12.4 11/07/2016   D     6,141   (3)   (3) Common Stock 6,141 $ 0 0 D  
Employee Stock Option (right to buy) $ 16.86 11/07/2016   D     3,333   (3)   (3) Common Stock 3,333 $ 0 0 D  
Employee Stock Option (right to buy) $ 29.32 11/07/2016   D     3,535   (3)   (3) Common Stock 3,535 $ 0 0 D  
Employee Stock Option (right to buy) $ 46.78 11/07/2016   D     11,246   (3)   (3) Common Stock 11,246 $ 0 0 D  
Employee Stock Option (right to buy) $ 69.25 11/07/2016   D     29,383   (3)   (3) Common Stock 29,383 $ 0 0 D  
Employee Stock Option (right to buy) $ 75.18 11/07/2016   D     19,585   (3)   (3) Common Stock 19,585 $ 0 0 D  
Employee Stock Option (right to buy) $ 92.58 11/07/2016   D     31,484   (3)   (3) Common Stock 31,484 $ 0 0 D  
Employee Stock Option (right to buy) $ 102.61 11/07/2016   D     22,241   (3)   (3) Common Stock 22,241 $ 0 0 D  
Restricted Stock Units (4) $ 0 11/07/2016   D     48,707   (3)   (3) Common Stock 48,707 $ 0 0 D  
Performance Restricted Stock Units (4) $ 0 11/07/2016   D     49,797   (3)(5)   (3)(5) Common Stock 49,797 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Gill Ronald S
2955 CAMPUS DRIVE, SUITE 100
SAN MATEO, CA 94403		       Chief Financial Officer  

Signatures

 /s/ Douglas P. Solomon, attorney-in-fact   11/09/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 274 shares acquired under the NetSuite Inc. Employee Stock Purchase Plan on October 31, 2016. Excludes shares underlying Restricted Stock Units previously reported in this Table I but are displayed in Table II of this filing for clarity.
(2) Outstanding shares of the common stock of the Issuer were converted into the right to receive $109.00 per share in cash, without interest thereon and subject to any required tax withholding (the "Merger Consideration"), in accordance with the Merger Agreement.
(3) Outstanding stock options, restricted stock units ("RSUs") or performance-based restricted stock units ("PRSUs") of the Issuer were either (i) assumed by Parent and automatically converted into corresponding equity incentive awards on common stock of Parent in accordance with the Merger Agreement, or (ii) cancelled and converted into the right to receive the Merger Consideration (less the exercise price, in the case of stock options) in accordance with the Merger Agreement.
(4) Each RSU and PRSU represented the contingent right to receive one share of common stock of the Issuer.
(5) Includes PRSUs that were deemed fully vested and cancelled in exchange for the right to receive the Merger Consideration, in accordance with the Merger Agreement.
 
Remarks:
This Form 4 reports securities disposed pursuant to the terms of an Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 28, 2016, a copy of which is filed as Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 1, 2016, and by which the Issuer became a wholly-owned subsidiary (the "Merger") of Oracle Corporation ("Parent").

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