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NetApp, Inc. — Director's Dealing 2018
Jun 5, 2018
30233_dirs_2018-06-05_deb7926a-b5e2-4731-bb31-a31e55972a4a.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: 2018-06-01
Reporting Person: Kurian George (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-01 | Common Stock | S | 6000 | $68.3573 | Disposed | 143636 | Direct |
| 2018-06-01 | Common Stock | M | 10725 | $0.0 | Acquired | 154361 | Direct |
| 2018-06-01 | Common Stock | F | 5317 | $69.71 | Disposed | 149044 | Direct |
| 2018-06-01 | Common Stock | M | 10725 | $0.0 | Acquired | 159769 | Direct |
| 2018-06-01 | Common Stock | F | 5317 | $69.71 | Disposed | 154452 | Direct |
| 2018-06-01 | Common Stock | M | 14575 | $0.0 | Acquired | 169027 | Direct |
| 2018-06-01 | Common Stock | F | 7226 | $69.71 | Disposed | 161801 | Direct |
| 2018-06-01 | Common Stock | M | 14250 | $0.0 | Acquired | 176051 | Direct |
| 2018-06-01 | Common Stock | F | 7065 | $69.71 | Disposed | 168986 | Direct |
| 2018-06-03 | Common Stock | M | 13275 | $0.0 | Acquired | 182261 | Direct |
| 2018-06-03 | Common Stock | F | 6581 | $69.71 | Disposed | 175680 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-01 | Non-Qualified Stock Option (right to buy) | $40.7 | M | 6000 | Disposed | 2020-10-14 | Common Stock (6000) | Direct |
| 2018-06-01 | Restricted Stock Unit | $0.0 | M | 10725 | Disposed | 2022-08-03 | Common Stock (10725) | Direct |
| 2018-06-01 | Restricted Stock Unit | $0.0 | M | 10725 | Disposed | 2022-08-03 | Common Stock (10725) | Direct |
| 2018-06-01 | Restricted Stock Unit | $0.0 | M | 14575 | Disposed | 2023-06-01 | Common Stock (14575) | Direct |
| 2018-06-01 | Restricted Stock Unit | $0.0 | M | 14250 | Disposed | 2024-06-01 | Common Stock (14250) | Direct |
| 2018-06-03 | Restricted Stock Unit | $0.0 | M | 13275 | Disposed | Common Stock (13275) | Direct |
Footnotes
F1: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 1, 2017.
F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $68.00 to $68.78. 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: On October 15, 2013, the reporting person was granted 36,000 stock options of which 25% vested on September 20,2014. The balance of the shares vested monthly in equal installments over the next 36 months following September 20,2014, subject to continued service on each applicable vesting date.
F4: Restricted stock units convert into common stock on a one-for-one basis.
F5: On August 3, 2015, the reporting person was granted 42,900 restricted stock units, vesting in four equal annual installments beginning on June 1, 2016 and subject to continued service on each applicable vesting date.
F6: On June 1, 2016, the reporting person was granted 58,300 restricted stock units, vesting in four equal annual installments beginning on June 1, 2017 and subject to continued service on each applicable vesting date.
F7: On June 1, 2017, the reporting person was granted 57,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2018 and subject to continued service on each applicable vesting date.
F8: On June 3, 2014, the reporting person was granted 53,100 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date, subject to continued service on each applicable vesting date.