George Kurian - Nov 15, 2023 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
Chief Executive Officer, Director
Signature
By:Roberta S Cohen, Attorney-in-Fact for George Kurian
Stock symbol
NTAP
Transactions as of
Nov 15, 2023
Transactions value $
-$200,851
Form type
4
Date filed
11/17/2023, 04:00 PM
Previous filing
Nov 9, 2023
Next filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction NTAP Common shares Options Exercise $0 +5.13 K +1.95% $0.00 269 K Nov 15, 2023 Direct
transaction NTAP Common Shares Tax liability -$201 K -2.55 K -0.95% $78.92 266 K Nov 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 -2.26 K -14.28% $0.00 13.5 K Nov 15, 2023 Common Stock 2.26 K Direct F1, F2
transaction NTAP Restricted Stock Unit Options Exercise $0 -2.88 K -9.09% $0.00 28.8 K Nov 15, 2023 Common Stock 2.88 K Direct F1, F3

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert into common stock on a one-for-one basis.
F2 On July 1, 2021, the reporting person was granted 36,100 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2022 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.
F3 On July 1, 2022, the reporting person was granted 46,010 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.