George Kurian - 15 May 2022 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role: Chief Executive Officer, Director
Signature: By:Roberta S Cohen, Attorney-in-Fact for George Kurian
Issuer symbol: NTAP
Transactions as of: 15 May 2022
Net transactions value: -$222,175
Form type: 4
Filing time: 16 May 2022, 17:00:02 UTC
Previous filing: 29 Apr 2022
Next filing: 23 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTAP	Common Shares	Options Exercise	$0	+9,025	+6.9%	$0.000000	139,601	15 May 2022	Direct
transaction	NTAP	Common shares	Tax liability	$222,175	-3,120	-2.2%	$71.21	136,481	15 May 2022	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	$0	-9,025	-25%	$0.000000	27,075	15 May 2022	Common Stock	9,025	$0.000000	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	RSU Price: Restricted Stock Units convert into common stock on a one-for-one basis.
F2	On July 1, 2021, the reporting person was granted 36,100 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares 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.