Harvinder S. Bhela - 15 Aug 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
Issuer symbol
NTAP
Transactions as of
15 Aug 2023
Net transactions value
-$46,308
Form type
4/A - Amendment
Filing time
17 Nov 2023, 16:00:14 UTC
Date Of Original Report
17 Aug 2023
Previous filing
17 Jul 2023
Next filing
17 Nov 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 +1,543 +8.4% $0.000000 20,000 15 Aug 2023 Direct
transaction NTAP Common Shares Tax liability $46,308 -607 -3% $76.29 19,393 15 Aug 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 -1,543 -8.3% $0.000000 16,973 15 Aug 2023 Common Stock 1,543 $0.000000 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.