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NetApp, Inc. — Director's Dealing 2016
Sep 16, 2016
30233_dirs_2016-09-16_cb2591cb-5ff3-4a5f-9ba8-937abd773c7c.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: 2016-09-15
Reporting Person: SHAHEEN GEORGE T (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-09-15 | Restricted Stock Unit | $0.0 | A | 7132.0 | Acquired | Common Stock (7132) | Direct |
Footnotes
F1: Restricted stock units convert into common stock on a one-for-one basis.
F2: On September 15, 2016, the reporting person was granted 7,132 restricted stock units ("RSUs") which vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to the Participant's continuous service on the Board through such date. The RSUs have been deferred and the payout shall be within 30 days of the earlier of: January 19, 2017, the date his service on the Board ceases for any reason or the date on which a Change of Control occurs.