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

Role
Chief Accounting Officer
Signature
By: Roberta S Cohen, Attorney-in-Fact for Robert Parks
Stock symbol
NTAP
Transactions as of
May 15, 2022
Transactions value $
-$31,404
Form type
4
Date filed
5/16/2022, 05:04 PM
Previous filing
Feb 17, 2022
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Options Exercise $0 +1.5K +59.93% $0.00 4K May 15, 2022 Direct
transaction NTAP Common shares Tax liability -$31.4K -441 -11.02% $71.21 3.56K May 15, 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 -1.5K -25% $0.00 4.5K May 15, 2022 Common Stock 1.5K $0.00 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 6,000 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.