NetApp, Inc. — Director's Dealing 2010

Sep 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2010-09-01

Reporting Person: WARMENHOVEN DANIEL J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-01	Common Stock	M	2187	$17.146	Acquired	2378872	Indirect
2010-09-01	Common Stock	S	2187	$42.0006	Disposed	2376685	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-01	Non-Qualified Stock Option (right to buy)	$17.146	M	2187	Disposed	2011-01-01	Common Stock (2187)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	50087	Direct
Common Stock	170000	Indirect
Common Stock	78962	Indirect

Footnotes

F1: Shares held in trust by Daniel J. Warmenhoven & Charmaine A. Warmenhoven, trustees to The Warmenhoven 1987 Revocable Trust UTA dated 12/16/87, as amended.

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $42.00 to $42.015. The reporting person will provide to the issuer, any security holdeof the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

F3: Shares held by Warmenhoven Ventures LP, a limited partnership of which the Warmenhoven Management Trust is the general partner, of which the reporting person and his wife are the trustees. Reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F4: Shares held in trust by Richard A. Andre, trustee to The Daniel J. Warmenhoven 1991 Children's Trust. Reporting person disclaims beneficial ownership of such shares.

F5: Option vests with respect to 1/12 of the option shares on 1/31/01 and the balance in a series of equal month installments over the next 11 months thereafter.