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NetApp, Inc. — Director's Dealing 2023
May 17, 2023
30233_dirs_2023-05-17_a0bd2112-386b-4075-a99d-de8ba80633db.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: 2023-05-15
Reporting Person: Kurian George (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-15 | Common shares | M | 13759 | $0.00 | Acquired | 154179 | Direct |
| 2023-05-15 | Common Shares | F | 4865 | $64.75 | Disposed | 149314 | Direct |
| 2023-05-15 | Common Shares | S | 2250 | $64.50 | Disposed | 147064 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-15 | Restricted Stock Unit | $0.00 | M | 2257 | Disposed | 2028-07-01 | Common Stock (2257) | Direct |
| 2023-05-15 | Restricted Stock Unit | $0.00 | M | 11502 | Disposed | 2029-07-01 | Common Stock (11502) | 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 September 15, 2022.
F2: Restricted Stock Units convert into common stock on a one-for-one basis.
F3: On July 1, 2021, the reporting person was granted 36,100 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.
F4: On July 1, 2022, the reporting person was granted 46,010 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2023 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.