AI assistant
NetApp, Inc. — Director's Dealing 2025
May 19, 2025
30233_dirs_2025-05-19_ea818f2f-a19d-40a3-a425-dd99d4640245.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: 2025-05-15
Reporting Person: De Lorenzo Daniel (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-15 | Common Shares | M | 1198 | — | Acquired | 1198 | Direct |
| 2025-05-15 | Common Shares | F | 417 | $99.82 | Disposed | 781 | Direct |
| 2025-05-16 | Common Shares | S | 326 | $99.98 | Disposed | 455 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-15 | Restricted Stock Unit | $ | M | 175 | Disposed | Common Shares (175) | Direct | |
| 2025-05-15 | Restricted Stock Unit | $ | M | 70 | Disposed | Common Shares (70) | Direct | |
| 2025-05-15 | Restricted Stock Unit | $ | M | 108 | Disposed | Common Shares (108) | Direct | |
| 2025-05-15 | Restricted Stock Unit | $ | M | 146 | Disposed | Common Shares (146) | Direct | |
| 2025-05-15 | Restricted Stock Unit | $ | M | 699 | Disposed | Common Shares (699) | Direct |
Footnotes
F1: Restricted stock units convert into common stock on a one-for-one basis.
F2: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 25, 2024.
F3: On July 1, 2021, the reporting person was granted 2,800 restricted stock units, vesting as to twenty-five percent (25%) of the shares on 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 November 15, 2021, the reporting person was granted 1,110 restricted stock units, vesting as to twenty-five percent (25%) of the shares on November 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.
F5: On July 1, 2022, the reporting person was granted 1,720 restricted stock units, vesting as to twenty-five percent (25%) of the shares on 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.
F6: On July 13, 2023, the reporting person was granted 2,341 restricted stock units, vesting as to twenty-five percent (25%) of the shares on May 15, 2024 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.
F7: On July 1, 2024, the reporting person was granted 2,798 restricted stock units, vesting as to twenty-five percent (25%) of the shares on May 15, 2025 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.