Elizabeth M. O'Callahan - 31 May 2023 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
31 May 2023
Net transactions value
-$80,307
Form type
4
Filing time
05 Jun 2023, 16:15:17 UTC
Previous filing
17 May 2023
Next filing
28 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 Award $0 +2,250 +16% $0.000000 15,941 01 Jun 2023 Direct F1
transaction NTAP Common shares Tax liability $80,307 -1,116 -7% $71.96 14,825 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 -1,000 -100% $0.000000* 0 01 Jun 2023 Common Stock 1,000 $0.000000 Direct F2, F3
transaction NTAP Restricted Stock Unit Options Exercise $0 -1,250 -50% $0.000000 1,250 01 Jun 2023 Common Stock 1,250 $0.000000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 221 shares purchased at $56.3975 per share under the NetApp Employee Stock Purchase Plan on May 31, 2023.
F2 Restricted Stock Units convert into common stock on a one-for-one basis.
F3 On June 3, 2019, the reporting person was granted 4,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2020, and subject to continued service on each applicable vesting date.
F4 On July 1, 2020, the reporting person was granted 5,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2021, and subject to continued service on each applicable vesting date.