NetApp, Inc. — Director's Dealing 2010

Jun 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2010-05-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-28	Common Stock	M	1250	$15.59	Acquired	9165	Direct
2010-05-28	Common Stock	S	1250	$37.4892	Disposed	7915	Direct
2010-05-28	Common Stock	M	2083	$20.69	Acquired	9998	Direct
2010-05-28	Common Stock	S	2083	$37.4656	Disposed	7915	Direct
2010-05-28	Common Stock	S	7915	$37.47	Disposed	1500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-28	Non-Qualified Stock Option (right to buy)	$15.59	M	1250	Disposed	2016-02-16	Common Stock (1250)	Direct
2010-05-28	Non-Qualified Stock Option (right to buy)	$20.69	M	2083	Disposed	2016-05-31	Common Stock (2083)	Direct

Footnotes

F1: The prices in Column 4 are weighted average prices. The prices actually received for sales on May 28, 2010 ranged from $37.33 to $37.60. 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 with respect to 25% of the option shares on the first anniversary of the grant date and the balance in a series of equal monthly installments over the next 36 months of service thereafter.

F3: Option vests in a series of equal monthly installments over 48 months of service beginning with the one-month annniversary of the grant date.