NetApp, Inc. — Director's Dealing 2012

Feb 27, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2012-02-24

Reporting Person: Goel Manish (Exec VP of Product Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-24	Common Stock	M	8333	$20.69	Acquired	9858	Direct
2012-02-24	Common Stock	M	5000	$15.59	Acquired	14858	Direct
2012-02-24	Common Stock	S	14858	$43.2012	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-24	Non-Qualified Stock Option (right to buy)	$15.59	M	5000	Disposed	2016-02-16	Common Stock (5000)	Direct
2012-02-24	Non-Qualified Stock Option (right to buy)	$20.69	M	8333	Disposed	2016-05-31	Common Stock (8333)	Direct

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $43.12 to $43.28. 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: Option vests with respect to 25% of the option shares on the first anniversary of the grant date and the balance in a series of equal monthly installments over the next 36 months of service thereafter.

F3: Option vests in a series of equal monthly installments over 48 months of service beginning with the one-month annniversary of the grant date.