Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Arnold Douglas
2. Date of Event Requiring Statement (Month/Day/Year)
06/26/2008
3. Issuer Name and Ticker or Trading Symbol
NEUSTAR INC [NSR]
(Last)
(First)
(Middle)
46000 CENTER OAK PLAZA
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, Human Relations
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

STERLING, VA 20166
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 4,000 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options   (2) 11/05/2015 Class A Common Stock 40,000 $ 34.06 D  
Employee Stock Options   (3) 02/22/2015 Class A Common Stock 21,600 $ 26.38 D  
Performance Share Units 01/01/2011   (4) Class A Common Stock 8,600 $ 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Arnold Douglas
46000 CENTER OAK PLAZA
STERLING, VA 20166
      SVP, Human Relations  

Signatures

/s/ Denis A. Curran, by power of attorney 07/07/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) The shares acquired were awarded pursuant to a restricted stock agreement under the NeuStar, Inc. 2005 Stock Incentive Plan, which provides that twenty-five percent of the shares vest on each of September 4, 2008, 2009, 2010 and 2011.
(2) Twenty-five percent of the options vest on September 4, 2008, after which the remaining options vest in thirty-six monthly installments beginning on October 31, 2008.
(3) Twenty-five percent of the options vest on February 22, 2009, after which the remaining options vest in thirty-six monthly installments beginning on March 31, 2009.
(4) Upon vesting, the Reporting Person will be entitled to receive shares of Class A Common Stock, together with Divdend Equivalents (as defined in the NeuStar, Inc. 2005 Stock Incentive Plan) on such performance share units, the amount of which is based on, and subject to, the achievement of certain performance goals set forth in the Performance Award Agreement.

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