Elizabeth M. O'Callahan - Mar 11, 2024 Form 4 Insider Report for NetApp, Inc. (NTAP)

Signature
/s/ Michael Schultz, Attorney-in-Fact for Elizabeth M O'Callahan
Stock symbol
NTAP
Transactions as of
Mar 11, 2024
Transactions value $
-$89,582
Form type
4
Date filed
3/13/2024, 04:18 PM
Previous filing
Feb 20, 2024
Next filing
Apr 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Sale -$89.6K -871 -7.68% $102.85 10.5K Mar 11, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The Transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 27, 2023.

Remarks:

Exhibit List: Ex-24 Power of Attorney.