Brad Anderson - 28 May 2021 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
EVP, SSSBU and CIBU
Signature
By: Roberta S Cohen Attorney-in-Fact For: Brad Anderson
Issuer symbol
NTAP
Transactions as of
28 May 2021
Net transactions value
-$960,404
Form type
4
Filing time
03 Jun 2021, 19:35:35 UTC
Next filing
06 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Stock Other $21,254 +586 +1.2% $36.27 48,149 28 May 2021 Direct F1
transaction NTAP Common Stock Options Exercise $0 +4,375 +9.1% $0.000000 52,524 01 Jun 2021 Direct
transaction NTAP Common Stock Tax liability $147,283 -1,920 -3.7% $76.71 50,604 01 Jun 2021 Direct
transaction NTAP Common Stock Options Exercise $0 +6,500 +13% $0.000000 57,104 01 Jun 2021 Direct
transaction NTAP Common Stock Tax liability $218,854 -2,853 -5% $76.71 54,251 01 Jun 2021 Direct
transaction NTAP Common Stock Options Exercise $0 +4,000 +7.4% $0.000000 58,251 01 Jun 2021 Direct
transaction NTAP Common Stock Tax liability $128,796 -1,679 -2.9% $76.71 56,572 01 Jun 2021 Direct
transaction NTAP Common Stock Award $0 +9,187 +16% $0.000000 65,759 01 Jun 2021 Direct F2, F3
transaction NTAP Common Stock Tax liability $309,371 -4,033 -6.1% $76.71 61,726 01 Jun 2021 Direct
transaction NTAP Common Stock Award $0 +5,267 +8.5% $0.000000 66,993 01 Jun 2021 Direct F3, F4
transaction NTAP Common Stock Tax liability $177,354 -2,312 -3.5% $76.71 64,681 01 Jun 2021 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 -4,000 -50% $0.000000 4,000 01 Jun 2021 Common Stock 4,000 $0.000000 Direct F5, F6
transaction NTAP Restricted Stock Unit Options Exercise $0 -4,375 -33% $0.000000 8,750 01 Jun 2021 Common Stock 4,375 $0.000000 Direct F5, F7
transaction NTAP Restricted Stock Unit Options Exercise $0 -6,500 -25% $0.000000 19,500 01 Jun 2021 Common Stock 6,500 $0.000000 Direct F5, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares purchased under the NetApp 1999 Employee Stock Purchase plan on May 28, 2021.
F2 Represents the settlement of TSR performance share units originally granted on June 4, 2018.
F3 Performance stock units convert into stock on a one-for-one basis.
F4 Represents the settlement of AOI performance share units originally granted on June 4, 2018.
F5 Restricted stock units convert into common stock on a one-for-one basis.
F6 On June 4, 2018, the reporting person was granted 16,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2019 and subject to continued service on each applicable vesting date.
F7 On June 3, 2019, the reporting person was granted 17,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2020 and subject to continued service on each applicable vesting date.
F8 On July 1, 2020, the reporting person was granted 26,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2021 and subject to continued service on each applicable vesting date.