George Kurian - 01 Jun 2023 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role: Chief Executive Officer, Director
Signature: By: Roberta S Cohen, Attorney-in-Fact for George Kurian
Issuer symbol: NTAP
Transactions as of: 01 Jun 2023
Net transactions value: -$825,093
Form type: 4
Filing time: 05 Jun 2023, 16:14:45 UTC
Previous filing: 02 Jun 2023
Next filing: 08 Jun 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	+23,125	+8.4%	$0.000000	299,016	01 Jun 2023	Direct
transaction	NTAP	Common Shares	Tax liability	$825,093	-11,466	-3.8%	$71.96	287,550	01 Jun 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	-9,250	-100%	$0.000000^*	0	01 Jun 2023	Common Stock	9,250	$0.000000	Direct	F1, F2
transaction	NTAP	Restricted Stock Unit	Options Exercise	$0	-13,875	-50%	$0.000000	13,875	01 Jun 2023	Common Stock	13,875	$0.000000	Direct	F1, F3

* 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 June 3, 2019, the reporting person was granted 37,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2020 and subject to continued service on each applicable vesting date.
F3	On July 1, 2020, the reporting person was granted 55,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2021 and subject to continued service on each applicable vesting date.