Robert Parks - May 31, 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 31, 2022
Transactions value $
$11,728
Form type
4
Date filed
8/17/2022, 05:51 PM
Previous filing
May 16, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Other $19.9K +326 +9.15% $61.16 3.89K May 31, 2022 Direct
transaction NTAP Common Shares Options Exercise $0 +375 +9.65% $0.00 4.26K Aug 15, 2022 Direct
transaction NTAP Common shares Tax liability -$8.21K -110 -2.58% $74.63 4.15K Aug 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 Options Exercise $0 -375 -8.33% $0.00 4.13K Aug 15, 2022 Common Stock 375 $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 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.