Elizabeth M. O'Callahan - Nov 10, 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
Stock symbol
NTAP
Transactions as of
Nov 10, 2023
Transactions value $
-$66,240
Form type
4
Date filed
11/14/2023, 04:00 PM
Previous filing
Oct 12, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Sale -$66.2 K -871 -7.32% $76.05 11 K Nov 10, 2023 Direct F1

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The Transaction reported on this Form 4 was effected pursuant to a Rule 105b-1 trading plan adopted by the reporting person on March 27, 2023.