NetApp, Inc. — Director's Dealing 2020

Jun 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2020-05-29

Reporting Person: FAWCETT MATTHEW K (SVP, GC & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-29	Common Stock	J	425	$37.859	Acquired	38952	Direct
2020-06-01	Common Stock	A	18000	$0.0	Acquired	56952	Direct
2020-06-01	Common Stock	F	8015	$42.67	Disposed	48937	Direct
2020-06-01	Common Stock	M	6500	$0.0	Acquired	55437	Direct
2020-06-01	Common Stock	F	2247	$42.67	Disposed	53190	Direct
2020-06-01	Common Stock	M	5000	$0.0	Acquired	58190	Direct
2020-06-01	Common Stock	F	1729	$42.67	Disposed	56461	Direct
2020-06-01	Common Stock	M	3000	$0.0	Acquired	59461	Direct
2020-06-01	Common Stock	F	1037	$42.67	Disposed	58424	Direct
2020-06-01	Common Stock	M	2875	$0.0	Acquired	61299	Direct
2020-06-01	Common Stock	F	994	$42.67	Disposed	60305	Direct
2020-06-02	Common Stock	S	9487	$42.7427	Disposed	50818	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-01	Restricted Stock Unit	$0.0	M	6500	Disposed	2023-06-01	Common Stock (6500)	Direct
2020-06-01	Restricted Stock Unit	$0.0	M	5000	Disposed	2024-06-01	Common Stock (5000)	Direct
2020-06-01	Restricted Stock Unit	$0.0	M	3000	Disposed	2025-06-01	Common Stock (3000)	Direct
2020-06-01	Restricted Stock Unit	$0.0	M	2875	Disposed	2026-06-03	Common Stock (2875)	Direct

Footnotes

F1: Shares purchased under the NetApp 1999 Employee Stock Purchase plan on May 29, 2020.

F2: Represents the settlement of performance share unites originally granted on June 1, 2017.

F3: Performance stock units convert into stock on a one-for-one basis.

F4: The sale(s) reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 3, 2018.

F5: The price in Column 4 is a weighted average price. The prices actually received ranged from $42.52 to $42.95. 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.

F6: Restricted stock units convert into common stock on a one-for-one basis.

F7: On June 1, 2016, the reporting person was granted 26,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2017 and subject to continued service on each applicable vesting date.

F8: On June 1, 2017, the reporting person was granted 20,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2018 and subject to continued service on each applicable vesting date.

F9: On June 4, 2018, the reporting person was granted 12,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2019 and subject to continued service on each applicable vesting date.

F10: On June 3, 2019, the reporting person was granted 11,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2020 and subject to continued service on each applicable vesting date.