Elizabeth M. O'Callahan - 30 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
30 Nov 2022
Net transactions value
-$39,946
Form type
4
Filing time
17 Feb 2023, 15:01:30 UTC
Previous filing
17 Nov 2022
Next filing
17 May 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 Other $8,563 +149 +1.6% $57.47 9,366 30 Nov 2022 Direct F1
transaction NTAP Common shares Options Exercise $0 +1,794 +19% $0.000000 11,160 15 Feb 2023 Direct
transaction NTAP Common Shares Tax liability $48,509 -706 -6.3% $68.71 10,454 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 -1,794 -10% $0.000000 16,144 15 Feb 2023 Common Stock 1,794 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares purchased under the NetApp Employee Stock Purchase plan on November 30, 2022.
F2 Restricted Stock Units convert into common stock on a one-for-one basis.
F3 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.