Michael J. Berry - 15 Feb 2025 Form 4 Insider Report for NetApp, Inc. (NTAP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Feb 2025, 06:40:52 UTC
Prior SEC filing
06 Feb 2025
Next SEC filing
06 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Schultz, Attorney-in-Fact for Michael J Berry

Key filing fact

Michael J. Berry filed Form 4 for NetApp, Inc. (NTAP) on 20 Feb 2025.

Key facts

  • This page summarizes Michael J. Berry's Form 4 filing for NetApp, Inc. (NTAP).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 20 Feb 2025, 06:40.

Change

  • Previous filing in this sequence was filed on 06 Feb 2025.
  • Current net transaction value: -$190,258.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NTAP transaction

Common Shares

Options Exercise

Transaction value
Shares
+3,953
Change %
+3.6%
Price
Shares after
114,696
Date
15 Feb 2025
Ownership
By The Berry Family Trust
Footnotes
F1
NTAP transaction

Common Shares

Tax liability

Transaction value
$190,258
Shares
-1,598
Change %
-1.4%
Price
$119.06
Shares after
113,098
Date
15 Feb 2025
Ownership
By The Berry Family Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NTAP transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
Shares
-1,437
Change %
-50%
Price
Shares after
1,438
Date
15 Feb 2025
Ownership
Direct
Underlying class
Common Shares
Underlying amount
1,437
Exercise price
Footnotes
F1, F2
NTAP transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
Shares
-1,262
Change %
-17%
Price
Shares after
6,313
Date
15 Feb 2025
Ownership
Direct
Underlying class
Common Shares
Underlying amount
1,262
Exercise price
Footnotes
F1, F3
NTAP transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
Shares
-1,254
Change %
-10%
Price
Shares after
11,291
Date
15 Feb 2025
Ownership
Direct
Underlying class
Common Shares
Underlying amount
1,254
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Restricted stock units convert into common stock on a one-for-one basis.

Footnote F2

On July 1, 2021, the reporting person was granted 23,000 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2022 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.

Footnote F3

On July 1, 2022, the reporting person was granted 20,199 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2023 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.

Footnote F4

On July 13, 2023, the reporting person was granted 20,072 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2024 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.

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