NetApp, Inc. — Director's Dealing 2017

Mar 9, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2017-03-07

Reporting Person: NEVENS THOMAS MICHAEL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-07	Common Stock	M	20000	$40.38	Acquired	20000	Direct
2017-03-07	Common Stock	S	20000	$42.3915	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-07	Non-Qualified Stock Option (right to buy)	$40.38	M	20000	Disposed	2017-08-30	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13838	Indirect

Footnotes

F1: Shares held by the Nevens Family 1997 Trust.

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $42.35 to $42.48. 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.

F3: Shares held in trust by T. Michael Nevens and Yvonne Nevens, as Trustees of the Nevens Family 1997 Trust UAD 8/16/1997.

F4: 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 Optionee's cessation of Board service prior to vesting in those shares. The shares will vest upon the Optionee's continuation in Board service through the day immediately preceding the next Annual Stockholders Meeting following the grant date.