Michael J. Berry - May 28, 2021 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
EVP Finance & Operations, CFO
Signature
By: Roberta S Cohen Attorney-in-Fact For: Michael J Berry
Stock symbol
NTAP
Transactions as of
May 28, 2021
Transactions value $
-$215,151
Form type
4
Date filed
6/3/2021, 07:35 PM
Previous filing
May 18, 2021
Next filing
Jun 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Stock Other $15K +413 +0.72% $36.27 57.7K May 28, 2021 Direct F1
transaction NTAP Common Stock Options Exercise $0 +7.63K +13.22% $0.00 65.3K Jun 1, 2021 Direct
transaction NTAP Common Stock Tax liability -$230K -3K -4.59% $76.71 62.3K Jun 1, 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 -7.63K -25% $0.00 22.9K Jun 1, 2021 Common Stock 7.63K $0.00 Direct F2, F3
* 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 Restricted stock units convert into common stock on a one-for-one basis.
F3 On July 1, 2020, the reporting person was granted 30,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2021 and subject to continued service on each applicable vesting date.