NetApp, Inc. — Director's Dealing 2014

Nov 25, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2014-11-21

Reporting Person: GEORGENS THOMAS (Director, Chairman of the Board and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-21	Common Stock	M	95834.0	$24.72	Acquired	106163	Direct
2014-11-21	Common Stock	S	95834.0	$42.3823	Disposed	10329	Direct
2014-11-21	Common Stock	M	4166.0	$29.44	Acquired	14495	Direct
2014-11-21	Common Stock	S	4166.0	$42.3823	Disposed	10329	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-21	Non-Qualified Stock Option (right to buy)	$24.72	M	95834.0	Disposed	2016-09-14	Common Stock (95834)	Direct
2014-11-21	Non-Qualified Stock Option (right to buy)	$29.44	M	4166.0	Disposed	2019-05-31	Common Stock (4166)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	532	Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $42.335 to $42.4125. 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: Mr. Georgens disclaims beneficial ownership of these shares.

F3: Option vests with respect to 25% of the option shares on August 19, 2010, and the balance in a series of equal monthly installments over the next 36 months of service thereafter.

F4: Option vests in a series of equal monthly installments over 48 months of service beginning with the one-month annniversary of the grant date.