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NetApp, Inc. Director's Dealing 2011

Jun 3, 2011

30233_dirs_2011-06-03_71b814fb-6825-4b71-bd9e-5c0ffeb12f3f.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: FAWCETT MATTHEW K (Senior VP, General Counsel)

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 21500 Acquired 2018-05-31 Common Stock (21500) Direct
2011-06-01 Restricted Stock Unit $0 A 6800 Acquired Common Stock (6800) Direct

Footnotes

F1: Option vests in a series of equal monthly installments over 48 months of service beginning with the one-month annniversary of the grant date.

F2: 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.