George Kurian - 15 Aug 2025 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
CEO, Director
Signature
/s/ Bryan Tham, Attorney-in-Fact for George Kurian
Issuer symbol
NTAP
Transactions as of
15 Aug 2025
Transactions value $
-$421,888
Form type
4
Filing time
19 Aug 2025, 16:30:05 UTC
Previous filing
23 Jul 2025
Next filing
20 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kurian George CEO, Director 3060 OLSEN DRIVE, SAN JOSE /s/ Bryan Tham, Attorney-in-Fact for George Kurian 19 Aug 2025 0001586813

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Options Exercise +7.76K +2.69% 296K 15 Aug 2025 Direct F1
transaction NTAP Common Shares Tax liability -$422K -3.88K -1.31% $108.79 292K 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 -2.88K -25% 8.63K 15 Aug 2025 Common Shares 2.88K Direct F1, F2
transaction NTAP Restricted Stock Unit Options Exercise -2.89K -12.5% 20.2K 15 Aug 2025 Common Shares 2.89K Direct F1, F3
transaction NTAP Restricted Stock Unit Options Exercise -2K -8.33% 22K 15 Aug 2025 Common Shares 2K Direct F1, F4
* 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, 2022, the reporting person was granted 46,010 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares 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.
F3 On July 13, 2023, the reporting person was granted 46,166 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares 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.
F4 On July 1, 2024, the reporting person was granted 31,988 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares 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.