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NetApp, Inc. — Director's Dealing 2011
Jun 3, 2011
30233_dirs_2011-06-03_c03a78be-c1c2-476a-88f2-ea2fbb73c3f9.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: 2011-06-01
Reporting Person: Salmon Robert E (Executive VP, Field Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-06-01 | Common Stock | S | 15625 | $53.8085 | Disposed | 38964 | Indirect |
| 2011-06-01 | Common Stock | M | 6250 | — | Acquired | 45214 | Indirect |
| 2011-06-01 | Common Stock | F | 2917 | $53.22 | Disposed | 42297 | Indirect |
| 2011-06-01 | Common Stock | M | 10417 | — | Acquired | 52714 | Indirect |
| 2011-06-01 | Common Stock | F | 4838 | $53.22 | Disposed | 47876 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-06-01 | Non-Qualified Stock Option (right to buy) | $53.22 | A | 64000 | Acquired | 2018-05-31 | Common Stock (64000) | Direct |
| 2011-06-01 | Restricted Stock Unit | $0 | M | 6250 | Disposed | Common Stock (6250) | Direct | |
| 2011-06-01 | Restricted Stock Unit | $0 | M | 10417 | Disposed | Common Stock (10417) | Direct | |
| 2011-06-01 | Restricted Stock Unit | $0 | A | 20100 | Acquired | Common Stock (20100) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1026 | Direct |
| Common Stock | 240 | Indirect |
| Common Stock | 240 | Indirect |
Footnotes
F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $53.70 to $53.85. 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: Shares held in trust by Robert Salmon and Patricia Mertens-Salmon, trustees to the Salmon Trust UDT 10/6/2000
F3: Shares held in trust by Patricia Mertens-Salmon, Custodian for Michael T. Salmon UTMA CA.
F4: Shares held in trust by Patricia Mertens-Salmon, Custodian for Gregory Salmon UTMA CA.
F5: Option vests in a series of equal monthly installments over 48 months of service beginning with the one-month annniversary of the grant date.
F6: The restricted stock unit shares vest as to 25% of the shares on the one-year anniversary of the grant date, and 25% of the shares on each annual anniversary thereafter for the next 3 years.