NetApp, Inc. — Director's Dealing 2011

Jun 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2011-06-03

Reporting Person: Salmon Robert E (Executive VP, Field Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-03	Common Stock	M	12500	$23.79	Acquired	60376	Indirect
2011-06-03	Common Stock	M	8000	$30.74	Acquired	68376	Indirect
2011-06-06	Common Stock	S	6815	$50.245	Disposed	61561	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-03	Non-Qualified Stock Option (right to buy)	$23.79	M	12500	Disposed	2015-06-01	Common Stock (12500)	Direct
2011-06-03	Non-Qualified Stock Option (right to buy)	$30.74	M	8000	Disposed	2014-05-31	Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1026	Direct
Common Stock	240	Indirect
Common Stock	240	Indirect

Footnotes

F1: Shares held in trust by Robert Salmon and Patricia Mertens-Salmon, trustees to the Salmon Trust UDT 10/6/2000

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $50.23 to $50.27. 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: 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.