Harvinder S. Bhela - Jul 13, 2023 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
EVP, Chief Product Officer
Signature
Roberta S. Cohen Attorney-in-Fact for Harvinder S Bhela
Stock symbol
NTAP
Transactions as of
Jul 13, 2023
Transactions value $
$0
Form type
4
Date filed
7/17/2023, 04:19 PM
Previous filing
Jun 5, 2023
Next filing
Nov 17, 2023

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 Award $0 +22.1K $0.00 22.1K Jul 13, 2023 Common Stock 22.1K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units will be settled in either common stock or cash pursuant to the terms of the award.
F2 On July 13, 2023, the reporting person was granted 22,079 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2024 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.