NetApp, Inc. — Director's Dealing 2012

Jun 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2012-06-01

Reporting Person: GEORGENS THOMAS (CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-01	Common Stock	M	8333	—	Acquired	17137	Direct
2012-06-01	Common Stock	M	6250	—	Acquired	23387	Direct
2012-06-01	Common Stock	M	20833	—	Acquired	44220	Direct
2012-06-01	Common Stock	F	3889	$29.44	Disposed	40331	Direct
2012-06-01	Common Stock	F	2917	$29.44	Disposed	37414	Direct
2012-06-01	Common Stock	F	9724	$29.44	Disposed	27690	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-01	Non-Qualified Stock Option (right to buy)	$29.44	A	350000	Acquired	2019-05-31	Common Stock (350000)	Direct
2012-06-01	Restricted Stock Unit	$0	A	35000	Acquired		Common Stock (35000)	Direct
2012-06-01	Restricted Stock Unit	$0	M	8333	Disposed		Common Stock (8333)	Direct
2012-06-01	Restricted Stock Unit	$0	M	6250	Disposed		Common Stock (6250)	Direct
2012-06-01	Restricted Stock Unit	$0	M	20833	Disposed		Common Stock (20833)	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.