NetApp, Inc. — Director's Dealing 2010

Jun 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2010-06-09

Reporting Person: LESLIE MARK (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-09	Common Stock	M	27500	$17.86	Acquired	27500	Direct
2010-06-09	Common Stock	S	27500	$38.046	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-09	Non-Qualified Stock Option (right to buy)	$17.86	M	27500	Disposed	2014-07-13	Common Stock (27500)	Direct

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $38.00 to 38.1375. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

F2: The option shares are immediately exercisable as of the grant date and shall initially be unvested and subject to repurchase by the corporation at the exercise price per share. Optionee shall acquire a vested interest in 25,000 shares upon the completion of one year of Board service measured from the grant date; and the balance of the shares in a series of three equal annual installments of 10,000 shares upon the completion of each year of Board service over the three-year period measured from the first anniversary of the grant date.