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NetApp, Inc. Director's Dealing 2010

Sep 16, 2010

30233_dirs_2010-09-16_fc27e740-1138-463d-8a05-dc02e083986d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2010-09-15

Reporting Person: FAWCETT MATTHEW K (Senior VP, General Counsel)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-09-15 Non-Qualified Stock Option (right to buy) $49.3 A 75000 Acquired 2017-09-14 Common Stock (75000) Direct
2010-09-15 Restricted Stock Unit $0 A 25000 Acquired Common Stock (25000) Direct

Footnotes

F1: Option vests with respect to 25% of the option shares on the first anniversary of the Optionee's date of hire and the balance in a series of equal monthly installments over the next 36 months of service thereafter.

F2: The restricted stock unit shares vest as to 25% of the shares on the one-year anniversary of the grant date, and 25% of the shares on each annual anniversary thereafter for the next 3 years.