AI assistant
NetApp, Inc. — Director's Dealing 2014
Jun 5, 2014
30233_dirs_2014-06-05_466690d9-fa18-4f3c-a5b2-03e34c4722d5.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2014-06-03
Reporting Person: GEORGENS THOMAS (CEO & President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-06-03 | Common Stock | M | 17125.0 | $0.0 | Acquired | 42020 | Direct |
| 2014-06-03 | Common Stock | F | 8391.0 | $36.59 | Disposed | 33629 | Direct |
| 2014-06-05 | Common Stock | S | 23300.0 | $36.2084 | Disposed | 10329 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-06-03 | Non-Qualified Stock Option (right to buy) | $36.59 | A | 375000.0 | Acquired | 2021-06-02 | Common Stock (375000) | Direct |
| 2014-06-03 | Restricted Stock Unit | $0.0 | M | 17125.0 | Disposed | Common Stock (17125) | Direct | |
| 2014-06-03 | Restricted Stock Unit | $0.0 | A | 125000.0 | Acquired | Common Stock (125000) | Direct |
Footnotes
F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $36.20 to $36.225. 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 in a series of equal monthly installments over 48 months of service beginning with the one-month annniversary of the grant date.
F3: 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.