Harvinder S. Bhela - Aug 15, 2023 Form 4/A - Amendment Insider Report for NetApp, Inc. (NTAP)

Role
EVP, Chief Product Officer
Signature
By: Roberta S Cohen, Attorney-in-Fact for Harvinder Bhela
Stock symbol
NTAP
Transactions as of
Aug 15, 2023
Transactions value $
-$46,308
Form type
4/A - Amendment
Date filed
11/17/2023, 04:00 PM
Date Of Original Report
Aug 17, 2023
Previous filing
Jul 17, 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 Options Exercise $0 +1.54K +8.36% $0.00 20K Aug 15, 2023 Direct
transaction NTAP Common Shares Tax liability -$46.3K -607 -3.03% $76.29 19.4K Aug 15, 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 -1.54K -8.33% $0.00 17K Aug 15, 2023 Common Stock 1.54K $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 Restricted Stock Units convert into common stock on a one-for-one basis.
F2 On July 1, 2022, the reporting person was granted 24,688 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2023 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.

Remarks:

The original Form 4, filed on August 17, 2023, is being amended by this Form 4 amendment solely to correct an administrative error on the part of the company, which misrepresented the amount of common shares beneficially owned by the reporting person as 20,010 and 19,403, respectively.