Daniel De Lorenzo - 15 Aug 2025 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
VP, Controller & CAO
Signature
/s/ Bryan Tham, Attorney-in-Fact for Daniel De Lorenzo
Issuer symbol
NTAP
Transactions as of
15 Aug 2025
Transactions value $
-$18,712
Form type
4
Filing time
19 Aug 2025, 16:30:25 UTC
Previous filing
03 Jul 2025
Next filing
29 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
De Lorenzo Daniel VP, Controller & CAO 3060 OLSEN DR, SAN JOSE /s/ Bryan Tham, Attorney-in-Fact for Daniel De Lorenzo 19 Aug 2025 0002016949

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Options Exercise +496 +109.01% 951 15 Aug 2025 Direct F1
transaction NTAP Common Shares Tax liability -$18.7K -172 -18.09% $108.79 779 15 Aug 2025 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 -69 -49.64% 70 15 Aug 2025 Common Shares 69 Direct F1, F2
transaction NTAP Restricted Stock Unit Options Exercise -107 -24.88% 323 15 Aug 2025 Common Shares 107 Direct F1, F3
transaction NTAP Restricted Stock Unit Options Exercise -146 -12.47% 1.03K 15 Aug 2025 Common Shares 146 Direct F1, F4
transaction NTAP Restricted Stock Unit Options Exercise -174 -8.29% 1.93K 15 Aug 2025 Common Shares 174 Direct F1, F5
* 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 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.
F3 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.
F4 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.
F5 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.