Robert Parks - 15 Feb 2022 Form 4 Insider Report for NetApp, Inc. (NTAP)

Signature
By: Roberta S Cohen Attorney-in-Fact For: Robert Parks
Issuer symbol
NTAP
Transactions as of
15 Feb 2022
Net transactions value
-$88,751
Form type
4
Filing time
17 Feb 2022, 15:57:23 UTC
Previous filing
06 Jul 2021
Next filing
16 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Stock Options Exercise $0 +3,159 +972% $0.000000 3,484 15 Feb 2022 Direct F1
transaction NTAP Common Stock Tax liability $88,751 -981 -28% $90.47 2,503 15 Feb 2022 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 -3,159 -25% $0.000000 9,474 15 Feb 2022 Common Stock 3,159 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 325 Shares purchased under the NetApp 1999 Employee Stock Purchase plan on November 30, 2021.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 On February 17, 2021, the reporting person was granted 12,633 restricted stock units, vesting in four equal annual installments beginning on February 15, 2021 and subject to continued service on each applicable vesting date.