NetApp, Inc. — Director's Dealing 2018

Jan 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2018-01-02

Reporting Person: NEVENS THOMAS MICHAEL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-02	Common Stock	M	17000	$37.62	Acquired	17000	Direct
2018-01-02	Common Stock	M	3000	$34.52	Acquired	20000	Direct
2018-01-02	Common Stock	S	20000	$55.6689	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-02	Non-Qualified Stock Option (right to buy)	$34.52	M	3000	Disposed	2019-08-30	Common Stock (3000)	Direct
2018-01-02	Non-Qualified Stock Option (right to buy)	$37.62	M	17000	Disposed	2018-08-30	Common Stock (17000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20970	Indirect

Footnotes

F1: The transaction reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2017.

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $55.43 to $56.035. 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: 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.