Matthew K. Fawcett - May 28, 2021 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
SVP, GC & Secretary
Signature
By: Roberta S Cohen Attorney-in-Fact For: Matthew K Fawcett
Stock symbol
NTAP
Transactions as of
May 28, 2021
Transactions value $
-$757,542
Form type
4
Date filed
6/3/2021, 07:36 PM
Next filing
Jul 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Stock Other $21.2K +585 +1.09% $36.27 54.1K May 28, 2021 Direct F1, F2
transaction NTAP Common Stock Options Exercise $0 +5K +9.25% $0.00 59.1K Jun 1, 2021 Direct
transaction NTAP Common Stock Tax liability -$120K -1.56K -2.65% $76.71 57.5K Jun 1, 2021 Direct
transaction NTAP Common Stock Options Exercise $0 +3K +5.22% $0.00 60.5K Jun 1, 2021 Direct
transaction NTAP Common Stock Tax liability -$72K -938 -1.55% $76.71 59.6K Jun 1, 2021 Direct
transaction NTAP Common Stock Options Exercise $0 +2.88K +4.83% $0.00 62.5K Jun 1, 2021 Direct
transaction NTAP Common Stock Tax liability -$69K -899 -1.44% $76.71 61.6K Jun 1, 2021 Direct
transaction NTAP Common Stock Options Exercise $0 +4.38K +7.11% $0.00 65.9K Jun 1, 2021 Direct
transaction NTAP Common Stock Tax liability -$131K -1.7K -2.58% $76.71 64.2K Jun 1, 2021 Direct
transaction NTAP Common Stock Award $0 +6.94K +10.8% $0.00 71.2K Jun 1, 2021 Direct F3, F4
transaction NTAP Common Stock Tax liability -$246K -3.21K -4.51% $76.71 68K Jun 1, 2021 Direct
transaction NTAP Common Stock Award $0 +3.98K +5.85% $0.00 71.9K Jun 1, 2021 Direct F4, F5
transaction NTAP Common Stock Tax liability -$141K -1.84K -2.56% $76.71 70.1K 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 -5K -100% $0.00* 0 Jun 1, 2021 Common Stock 5K $0.00 Direct F6, F7
transaction NTAP Restricted Stock Unit Options Exercise $0 -3K -50% $0.00 3K Jun 1, 2021 Common Stock 3K $0.00 Direct F6, F8
transaction NTAP Restricted Stock Unit Options Exercise $0 -2.88K -33.33% $0.00 5.75K Jun 1, 2021 Common Stock 2.88K $0.00 Direct F6, F9
transaction NTAP Restricted Stock Unit Options Exercise $0 -4.38K -25% $0.00 13.1K Jun 1, 2021 Common Stock 4.38K $0.00 Direct F6, F10
* 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 Includes 2,675 shares received under the broad-based dividend reinvestment plan.
F3 Represents the settlement of TSR performance share units originally granted on June 4, 2018.
F4 Performance stock units convert into stock on a one-for-one basis.
F5 Represents the settlement of AOI performance share units originally granted on June 4, 2018.
F6 Restricted stock units convert into common stock on a one-for-one basis.
F7 On June 1, 2017, the reporting person was granted 20,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2018 and subject to continued service on each applicable vesting date.
F8 On June 4, 2018, the reporting person was granted 12,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2019 and subject to continued service on each applicable vesting date.
F9 On June 3, 2019, the reporting person was granted 11,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2020 and subject to continued service on each applicable vesting date.
F10 On July 1, 2020, the reporting person was granted 17,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2021 and subject to continued service on each applicable vesting date.