AI assistant
NetApp, Inc. — Director's Dealing 2022
Aug 17, 2022
30233_dirs_2022-08-17_eae39288-077c-41d1-bf7c-db3cab5ca75d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NetApp, Inc. (NTAP)
CIK: 0001002047
Period of Report: 2022-08-15
Reporting Person: CERNUDA CESAR (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-15 | Common Shares | M | 66768 | $0.00 | Acquired | 127843 | Direct |
| 2022-08-15 | Common shares | F | 31380 | $74.63 | Disposed | 96463 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-15 | Restricted Stock Unit | $0.00 | M | 29964 | Disposed | 2027-08-17 | Common Stock (29964) | Direct |
| 2022-08-15 | Restricted Stock | $0.00 | M | 34573 | Disposed | 2027-08-17 | Common Stock (34573) | Direct |
| 2022-08-15 | Restricted Stock | $0.00 | M | 2231 | Disposed | 2028-07-01 | Common Stock (2231) | Direct |
Footnotes
F1: Restricted Stock Units convert into common stock on a one-for-one basis.
F2: On August 17, 2020, the reporting person was granted 59,927 restricted stock units, with 50% vesting on August 15, 2021, and the remaning 50% vesting on August 15, 2022, subject to continued service on each applicable vesting date.
F3: On August 17, 2020, the reporting person was granted 69,146 restricted stock units, with 50% vesting on August 15, 2021, and the remaning 50% vesting on August 15, 2022, subject to continued service on each applicable vesting date.
F4: On July 1, 2021, the reporting person was granted 35,700 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2022 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.