Elizabeth M. O'Callahan - 15 Nov 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
15 Nov 2022
Net transactions value
-$65,750
Form type
4
Filing time
17 Nov 2022, 15:00:25 UTC
Previous filing
17 Aug 2022
Next filing
17 Feb 2023
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 +1,794 +22% $0.000000 10,106 15 Nov 2022 Direct
transaction NTAP Common shares Tax liability $65,750 -889 -8.8% $73.96 9,217 15 Nov 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 -1,794 -9.1% $0.000000 17,938 15 Nov 2022 Common Stock 1,794 $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 Restricted Stock Units convert into common stock on a one-for-one basis.
F2 On July 1, 2021, the reporting person was granted 28,700 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.