NetApp, Inc. — Director's Dealing 2019

Sep 13, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2019-09-11

Reporting Person: WALLACE RICHARD P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-11	Common Stock	M	9166	$0.0	Acquired	16298	Direct
2019-09-11	Common Stock	M	5922	$0.0	Acquired	22220	Direct
2019-09-11	Common Stock	M	7916	$0.0	Acquired	30136	Direct
2019-09-11	Common Stock	M	6150	$0.0	Acquired	36286	Direct
2019-09-11	Common Stock	M	2924	$0.0	Acquired	39210	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-11	Restricted Stock Unit	$0.0	M	9166	Disposed		Common Stock (9166)	Direct
2019-09-11	Restricted Stock Unit	$0.0	M	5922	Disposed		Common Stock (5922)	Direct
2019-09-11	Restricted Stock Unit	$0.0	M	7916	Disposed		Common Stock (7916)	Direct
2019-09-11	Restricted Stock Unit	$0.0	M	6150	Disposed		Common Stock (6150)	Direct
2019-09-11	Restricted Stock Unit	$0.0	M	2924	Disposed		Common Stock (2924)	Direct

Footnotes

F1: Restricted stock units convert into common stock on a one-for-one basis.

F2: On March 16, 2011, the Reporting Person was granted 9,166 restricted Stock units ("RSUs").The RSUs vest as to 4,165 shares on the first annual anniversary of the grant date, and an additional 1,667 shares on each of the next three annual anniversaries dates, subject to the reporting person's continuous Board service. Vested shares will be delivered to the reporting person upon the earlier of: (i) date the reporting person ceases to serve as a Board member; (i) date on which a Change of Control occurs.

F3: On September 5, 2014, the reporting person was granted 5,922 restricted stock units ("RSUs") which vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to the Participant's continuous service on the Board through such date. The RSUs have been deferred and the payout shall be within 30 days of the earlier of: the date his service on the Board ceases for any reason or the date on which a Change of Control occurs.

F4: On September 11, 2015, the reporting person was granted 7,916 restricted stock units ("RSUs") which vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to the Participant's continuous service on the Board through such date. The RSUs have been deferred and the payout shall be within 30 days of the earlier of the date his service on the Board ceases for any reason of the date on which a Change of Control occurs.

F5: On September 14, 2017, the reporting person was granted 6,150 restricted stock units ("RSUs") which vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to the subject to the Participant's continuous service on the Board through such date. The RSUs have been deferred and the payout shall be within 30 days of the earlier of: the date his service on the Board ceases for any reason or the date on which a Change of Control occurs.

F6: On September 13, 2018, the reporting person was granted 2,924 restricted stock units which vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to the subject to the Participant's continuous service on the Board through such date.