George Kurian - Jun 1, 2024 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
CEO, Director
Signature
/s/ Michael Schultz, Attorney-in-Fact for George Kurian
Stock symbol
NTAP
Transactions as of
Jun 1, 2024
Transactions value $
-$836,748
Form type
4
Date filed
6/4/2024, 04:15 PM
Previous filing
Jun 4, 2024
Next filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Options Exercise +13.9K +4.28% 338K Jun 1, 2024 Direct F1
transaction NTAP Common Shares Tax liability -$837K -6.95K -2.05% $120.43 331K Jun 1, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTAP Restricted Stock Unit Options Exercise -13.9K -100% 0 Jun 1, 2024 Common Shares 13.9K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On July 1, 2020, the reporting person was granted 55,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2021 and subject to continued service on each applicable vesting date.