NetApp, Inc. — Director's Dealing 2015

Jul 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2015-07-01

Reporting Person: SHAHEEN GEORGE T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-01	Common Stock	M	15000.0	$23.73	Acquired	17856	Direct
2015-07-01	Common Stock	S	15000.0	$31.78	Disposed	2856	Direct
2015-07-01	Common Stock	M	20000.0	$25.08	Acquired	22856	Direct
2015-07-01	Common Stock	S	20000.0	$31.78	Disposed	2856	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-01	Non-Qualified Stock Option (right to buy)	$23.73	M	15000.0	Disposed	2015-08-30	Common Stock (15000)	Direct
2015-07-01	Non-Qualified Stock Option (right to buy)	$25.08	M	20000.0	Disposed	2015-09-01	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4466	Indirect

Footnotes

F1: Shares held in trust by George T. Shaheen and Darlene F. Shaheen, Trustees to the Shaheen Revocable Trust U/A DTD 12/15/88

F2: 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.