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NetApp, Inc. — Director's Dealing 2023
Feb 17, 2023
30233_dirs_2023-02-17_6eb5bb08-a04c-4a21-9dc9-9cbbbbcbc328.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: 2023-02-15
Reporting Person: Parks Robert (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-15 | Common Shares | M | 3158 | $0.00 | Acquired | 7576 | Direct |
| 2023-02-15 | Common shares | F | 1000 | $68.71 | Disposed | 6576 | Direct |
| 2023-02-15 | Common Shares | M | 375 | $0.00 | Acquired | 6951 | Direct |
| 2023-02-15 | Common shares | F | 109 | $68.71 | Disposed | 6842 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-15 | Restricted Stock | $0.00 | I | 3158 | Disposed | 2028-02-17 | Common Stock (3159) | Direct |
| 2023-02-15 | Restricted Stock | $0.00 | M | 375 | Disposed | 2028-07-01 | Common Stock (375) | Direct |
Footnotes
F1: Restricted Stock Units convert into common stock on a one-for-one basis.
F2: On February 15, 2021, the reporting person was granted 12,633 restricted stock units, vesting in four equal annual installments beginning on February 15, 2022 and subject to continued service on each applicable vesting date.
F3: On July 1, 2021, the reporting person was granted 6,000 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.