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NetApp, Inc. Director's Dealing 2010

Jun 7, 2010

30233_dirs_2010-06-07_1ad008fc-e5df-414e-8932-4d4982fae3c1.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: 2010-06-04

Reporting Person: Goel Manish (Exec VP of Product Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-06-04 Common Stock M 1042 $20.69 Acquired 13021 Direct
2010-06-04 Common Stock S 1042 $39.0518 Disposed 11979 Direct
2010-06-04 Common Stock S 11979 $39.0518 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-06-04 Non-Qualified Stock Option (right to buy) $20.69 M 1042 Disposed 2016-05-31 Common Stock (1042) Direct

Footnotes

F1: The prices in Column 4 are weighted average prices. The prices actually received for sales reported in this Form 4 ranged from $38.98 to $39.16. 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.