Daniel De Lorenzo - May 31, 2024 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
VP, Controller & CAO
Signature
/s/ Michael Schultz, Attorney-in-Fact for Daniel De Lorenzo
Stock symbol
NTAP
Transactions as of
May 31, 2024
Transactions value $
-$26,133
Form type
4
Date filed
6/4/2024, 04:30 PM
Previous filing
May 17, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Options Exercise +620 +64.72% 1.58K Jun 1, 2024 Direct F1, F2
transaction NTAP Common Shares Tax liability -$26.1K -217 -13.75% $120.43 1.36K 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 -620 -100% 0 Jun 1, 2024 Common Shares 620 Direct F1, F3
* 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 Includes 348 shares purchased at $61.166 per share under the NetApp Employee Stock Purchase Plan on May 31, 2024.
F3 On July 1, 2020, the reporting person was granted 2,480 restricted stock units, vesting in four equal annual installments beginning on June 1, 2021 and subject to continued service on each applicable vesting date.