Brad Anderson - Sep 15, 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
Stock symbol
NTAP
Transactions as of
Sep 15, 2021
Transactions value $
-$75,386
Form type
4
Date filed
9/17/2021, 04:21 PM
Previous filing
Jul 6, 2021
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Stock Options Exercise $0 +1.84K +2.85% $0.00 66.5K Sep 15, 2021 Direct
transaction NTAP Common Stock Tax liability -$75.4K -808 -1.21% $93.30 65.7K Sep 15, 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 -1.84K -33.35% $0.00 3.68K Sep 15, 2021 Common Stock 1.84K $0.00 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 September 16, 2019, the reporting person was granted 7,362 restricted stock units, vesting in four equal annual installments beginning on September 15, 2020 and subject to continued service on each applicable vesting date.