NetApp, Inc. — Director's Dealing 2012

Feb 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2012-02-15

Reporting Person: Noviello Nicholas R (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-15	Common Stock	M	3000	—	Acquired	15992	Direct
2012-02-15	Common Stock	F	1173	$39.88	Disposed	14819	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-15	Non-Qualified Stock Option (right to buy)	$39.88	A	37500	Acquired	2019-02-14	Common Stock (37500)	Direct
2012-02-15	Restricted Stock Unit	$0	A	12500	Acquired		Common Stock (12500)	Direct
2012-02-15	Restricted Stock Unit	$0	M	3000	Disposed		Common Stock (3000)	Direct

Footnotes

F1: Option vests with respect to 25% of the option shares on January 1, 2013 and the balance in a series of equal monthly installments over the next 36 months of service thereafter.

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.