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NetApp, Inc. Director's Dealing 2014

Feb 21, 2014

30233_dirs_2014-02-21_4eb20f85-361e-4984-9b3b-4111c0f9eaf4.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: 2014-02-18

Reporting Person: MOORE NICHOLAS G (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-02-19 Common Stock M 5000.0 $25.08 Acquired 5000 Indirect
2014-02-19 Common Stock M 20000.0 $29.5 Acquired 25000 Indirect
2014-02-19 Common Stock M 25000.0 $27.02 Acquired 50000 Indirect
2014-02-19 Common Stock S 50000.0 $40.6331 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-02-18 Non-Qualified Stock Option (right to buy) $25.08 G 5000.0 Disposed 2015-09-01 Common Stock (5000) Direct
2014-02-18 Non-Qualified Stock Option (right to buy) $27.02 G 25000.0 Disposed 2014-09-18 Common Stock (25000) Direct
2014-02-18 Non-Qualified Stock Option (right to buy) $29.5 G 20000.0 Disposed 2016-10-13 Common Stock (20000) Direct
2014-02-18 Non-Qualified Stock Option (right to buy) $25.08 G 5000.0 Acquired 2015-09-01 Common Stock (5000) Indirect
2014-02-19 Non-Qualified Stock Option (right to buy) $25.08 M 5000.0 Disposed 2015-09-01 Common Stock (5000) Indirect
2014-02-18 Non-Qualified Stock Option (right to buy) $27.02 G 25000.0 Acquired 2014-09-18 Common Stock (25000) Indirect
2014-02-19 Non-Qualified Stock Option (right to buy) $27.02 M 25000.0 Disposed 2014-09-18 Common Stock (25000) Indirect
2014-02-18 Non-Qualified Stock Option (right to buy) $29.5 G 20000.0 Acquired 2016-10-13 Common Stock (20000) Indirect
2014-02-19 Non-Qualified Stock Option (right to buy) $29.5 M 20000.0 Disposed 2016-10-13 Common Stock (20000) Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The sale prices ranged from $36.45 to $36.49 per share. 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 is immediately exercisable, but any shares purchased under the option will be subject to repurchase by the Company at the option exercise price paid per share, upon the Optionee's cessation of Board service prior to vesting in those shares. The shares will vest upon the Optionee's continuation in Board service through the day immediately preceding the next Annual Stockholders Meeting following the grant date.

F3: The reporting person transferred the reported option to the Moore 2009 GRAT.

F4: The option is immediately exercisable, but any shares purchased under the option will be subject to repurchase by the Company at the option exercise price paid per share, upon the reporting person's cessation of Board service prior to vesting in those shares. The shares will vest upon the reporting person's continuation in Board service through the day immediately preceding the next Annual Stockholders Meeting following the grant date.

F5: The option is 100% vested as of the date of transfer.