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NetApp, Inc. Director's Dealing 2014

May 5, 2014

30233_dirs_2014-05-05_22222b9f-dd07-4a9e-aacf-a71fb701b708.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: 2014-05-01

Reporting Person: WARMENHOVEN DANIEL J (Director, Executive Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-05-01 Common Stock M 23338.0 $30.74 Acquired 88397 Direct
2014-05-01 Common Stock S 23338.0 $35.5628 Disposed 65059 Direct
2014-05-01 Common Stock M 18425.0 $19.22 Acquired 83484 Direct
2014-05-01 Common Stock S 18425.0 $35.5643 Disposed 65059 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-05-01 Non-Qualified Stock Option (right to buy) $19.22 M 18425.0 Disposed 2014-06-16 Common Stock (18425) Direct
2014-05-01 Non-Qualified Stock Option (right to buy) $30.74 M 23338.0 Disposed 2014-05-31 Common Stock (23338) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2061031 Indirect
Common Stock 38032 Indirect

Footnotes

F1: The transaction(s) reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2: Shares held in trust by Richard A. Andre, trustee to The Daniel J. Warmenhoven 1991 Children's Trust. Reporting person disclaims beneficial ownership of such shares.

F3: Option vests with respect to 25% of the option shares on the first anniversary of the grant date 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.