George Kurian - 15 Feb 2023 Form 4 Insider Report for NetApp, Inc. (NTAP)

Signature
By:Roberta S Cohen, Attorney-in-Fact for George Kurian
Issuer symbol
NTAP
Transactions as of
15 Feb 2023
Net transactions value
-$55,793
Form type
4
Filing time
17 Feb 2023, 15:01:32 UTC
Previous filing
09 Feb 2023
Next filing
02 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common shares Options Exercise $0 +2,256 +1.5% $0.000000 152,482 15 Feb 2023 Direct
transaction NTAP Common Shares Tax liability $55,793 -812 -0.53% $68.71 151,670 15 Feb 2023 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 -2,256 -10% $0.000000 20,307 15 Feb 2023 Common Stock 2,256 $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 36,100 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.