NetApp, Inc. — Director's Dealing 2010

Aug 23, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2010-08-20

Reporting Person: LESLIE MARK (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-20	Common Stock	M	20000	$25.08	Acquired	20000	Direct
2010-08-20	Common Stock	S	13300	$40.5515	Disposed	6700	Direct
2010-08-20	Common Stock	S	6700	$41.0303	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-20	Non-Qualified Stock Option (right to buy)	$25.08	M	20000	Disposed	2015-09-01	Common Stock (20000)	Direct

Footnotes

F1: The price in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $40.22 to $41.00. 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: The price in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $41.005 to $41.26. 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.

F3: Option is immediately exercisable, but any shares purchased under the option will be subject to repurchase by the Company at the option exercise price paid per share, upon the Optionee's cessation of Board service prior to vesting in those shares. The shares will vest upon the Optionee's continuation in Board service through the day immediately preceding the next Annual Stockholders Meeting following the grant date.