NetApp, Inc. — Director's Dealing 2017

Nov 20, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2017-11-17

Reporting Person: SHAHEEN GEORGE T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-17	Common Stock	M	8500	$37.62	Acquired	8500	Direct
2017-11-17	Common Stock	M	11416	$43.77	Acquired	19916	Direct
2017-11-17	Common Stock	M	17000	$34.52	Acquired	36916	Direct
2017-11-17	Common Stock	S	36916	$53.099	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-17	Non-Qualified Stock Option (right to buy)	$34.52	M	17000	Disposed	2019-08-30	Common Stock (17000)	Direct
2017-11-17	Non-Qualified Stock Option (right to buy)	$37.62	M	8500	Disposed	2018-08-30	Common Stock (8500)	Direct
2017-11-17	Non-Qualified Stock Option (right to buy)	$43.77	M	11416	Disposed	2020-09-12	Common Stock (11416)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4466	Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $52.85 to $53.24. 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: Shares held in trust by George T. Shaheen and Darlene F. Shaheen, Trustees to the Shaheen Revocable Trust U/A DTD 12/15/88

F3: 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.