Elizabeth M. O'Callahan - 31 May 2022 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
EVP, Chief Legal Officer
Signature
By:Roberta S Cohen, Attorney-in-Fact for Elizabeth M O'Callahan
Issuer symbol
NTAP
Transactions as of
31 May 2022
Net transactions value
-$66,197
Form type
4
Filing time
03 Jun 2022, 17:00:20 UTC
Previous filing
16 May 2022
Next filing
18 Jul 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 Other $12,041 +332 +6.6% $36.27 5,361 31 May 2022 Direct
transaction NTAP Common Shares Options Exercise $0 +3,125 +58% $0.000000 8,486 01 Jun 2022 Direct
transaction NTAP Common shares Tax liability $78,238 -1,079 -13% $72.51 7,407 01 Jun 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 -875 -100% $0.000000* 0 01 Jun 2022 Common Stock 875 $0.000000 Direct F1, F2
transaction NTAP Restricted Stock Options Exercise $0 -1,000 -50% $0.000000 1,000 01 Jun 2022 Common Stock 1,000 $0.000000 Direct F1, F3
transaction NTAP Restricted Stock Options Exercise $0 -1,250 -33% $0.000000 2,500 01 Jun 2022 Common Stock 1,250 $0.000000 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 June 1, 2018, the reporting person was granted 3,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2019 and subject to continued service on each applicable vesting date.
F3 On June 3, 2019, the reporting person was granted 4,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2020 and subject to continued service on each appli cable vesting date.
F4 On July 1, 2020, the reporting person was granted 5,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2019 and subject to continued service on each appli cable vesting date.