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

Role
VP, Chief Accounting Officer
Signature
By: Roberta S Cohen Attorney-in-Fact For: Robert Parks
Stock symbol
NTAP
Transactions as of
Feb 15, 2022
Transactions value $
-$88,751
Form type
4
Date filed
2/17/2022, 03:57 PM
Previous filing
Jul 6, 2021
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Stock Options Exercise $0 +3.16K +972% $0.00 3.48K Feb 15, 2022 Direct F1
transaction NTAP Common Stock Tax liability -$88.8K -981 -28.16% $90.47 2.5K Feb 15, 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 -3.16K -25.01% $0.00 9.47K Feb 15, 2022 Common Stock 3.16K $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 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.