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NetApp, Inc. Director's Dealing 2010

Sep 15, 2010

30233_dirs_2010-09-15_ab7e5e79-dae6-4b91-aabe-5d627a20e84b.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: 2010-09-13

Reporting Person: GOMO STEVEN J (Executive VP, CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-09-13 Common Stock M 5216 $19.17 Acquired 22904 Direct
2010-09-13 Common Stock M 84784 $19.17 Acquired 107688 Direct
2010-09-13 Common Stock S 90000 $47.657 Disposed 17688 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-09-13 Incentive Stock Option (right to buy) $19.17 M 5216 Disposed 2014-05-02 Common Stock (5216) Direct
2010-09-13 Non-Qualified Stock Option (right to buy) $19.17 M 84784 Disposed 2014-05-02 Common Stock (84784) Direct

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $47.511 to $47.852 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: Option vests in a series of equal monthly installments over 48 months of service beginning with the one-month annniversary of the grant date.