Key facts
- This page summarizes Cesar Cernuda's Form 4 filing for NetApp, Inc. (NTAP).
- 5 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 17 Aug 2022, 17:48.
Cesar Cernuda - 15 Aug 2022 Form 4 Insider Report for NetApp, Inc. (NTAP)
- Reporting relationship
- President
- Issuer ticker
- NTAP
- Reported as of
- 15 Aug 2022
- Net transaction value
- -$2,341,889
- SEC form
- 4
- Accepted by SEC
- 17 Aug 2022, 17:48:52 UTC
- Prior SEC filing
- 18 Jul 2022
- Next SEC filing
- 19 Sep 2022
- Source filing
- View source filing
- Reporting owner signature
- By:Roberta S Cohen, Attorney-in-Fact for Cesar Cernuda
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Cesar Cernuda filed Form 4 for NetApp, Inc. (NTAP) on 17 Aug 2022.
Change
- Previous filing in this sequence was filed on 18 Jul 2022.
- Current net transaction value: -$2,341,889.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NTAP
transaction
Common Shares
Options Exercise
- Transaction value
- $0
- Shares
- +66,768
- Change %
- +109%
- Price
- $0.000000
- Shares after
- 127,843
- Date
- 15 Aug 2022
- Ownership
- Direct
NTAP
transaction
Common shares
Tax liability
- Transaction value
- $2,341,889
- Shares
- -31,380
- Change %
- -25%
- Price
- $74.63
- Shares after
- 96,463
- Date
- 15 Aug 2022
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NTAP
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -29,964
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 15 Aug 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 29,964
- Exercise price
- $0.000000
- Footnotes
- F1, F2
NTAP
transaction
Derivative
Restricted Stock
Options Exercise
- Transaction value
- $0
- Shares
- -34,573
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 15 Aug 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 34,573
- Exercise price
- $0.000000
- Footnotes
- F1, F3
NTAP
transaction
Derivative
Restricted Stock
Options Exercise
- Transaction value
- $0
- Shares
- -2,231
- Change %
- -8.3%
- Price
- $0.000000
- Shares after
- 24,544
- Date
- 15 Aug 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,231
- Exercise price
- $0.000000
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Restricted Stock Units convert into common stock on a one-for-one basis.
Footnote F2
On August 17, 2020, the reporting person was granted 59,927 restricted stock units, with 50% vesting on August 15, 2021, and the remaning 50% vesting on August 15, 2022, subject to continued service on each applicable vesting date.
Footnote F3
On August 17, 2020, the reporting person was granted 69,146 restricted stock units, with 50% vesting on August 15, 2021, and the remaning 50% vesting on August 15, 2022, subject to continued service on each applicable vesting date.
Footnote F4
On July 1, 2021, the reporting person was granted 35,700 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.
SEC remarks
The number of securities shown to be beneficially owned following the transaction previously reported on a Form 4 filed on August 17, 2021 was incorrectly reported as 84,273 (as opposed to 95,507) due to a previous clerical error, which calculation error was not carried forth on Forms 4 subsequently filed.