NetApp, Inc. — Director's Dealing 2011

Jun 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2011-06-01

Reporting Person: GOMO STEVEN J (Executive VP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-01	Common Stock	M	6250	—	Acquired	24965	Direct
2011-06-01	Common Stock	F	2917	$53.22	Disposed	22048	Direct
2011-06-01	Common Stock	M	8333	—	Acquired	30381	Direct
2011-06-01	Common Stock	F	3889	$53.22	Disposed	26492	Direct

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	8333	Disposed		Common Stock (8333)	Direct
2011-06-01	Restricted Stock Unit	$0	A	20100	Acquired		Common Stock (20100)	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.