NetApp, Inc. — Director's Dealing 2017

Mar 10, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2017-03-08

Reporting Person: EARHART ALAN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-08	Common Stock	M	10000	$40.38	Acquired	21611	Direct
2017-03-08	Common Stock	M	11500	$37.62	Acquired	33111	Direct
2017-03-08	Common Stock	S	27422	$42.4585	Disposed	5689	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-08	Non-Qualified Stock Option (right to buy)	$37.62	M	11500	Disposed	2018-08-30	Common Stock (11500)	Direct
2017-03-08	Non-Qualified Stock Option (right to buy)	$40.38	M	10000	Disposed	2017-08-30	Common Stock (10000)	Direct

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $42.45 to $42.49. 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: 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.