Michael J. Berry - Apr 15, 2024 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
EVP, CFO
Signature
/s/ Michael Schultz, Attorney-in-Fact for Michael J Berry
Stock symbol
NTAP
Transactions as of
Apr 15, 2024
Transactions value $
-$1,062,293
Form type
4
Date filed
4/17/2024, 04:15 PM
Previous filing
Mar 14, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Options Exercise +29.2K +20.16% 174K Apr 15, 2024 By The Berry Family Trust F1
transaction NTAP Common Shares Tax liability -$1.06M -10.4K -5.96% $102.37 164K Apr 15, 2024 By The Berry Family Trust

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 -29.2K -100% 0 Apr 15, 2024 Common Shares 29.2K 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 April 15, 2020, the reporting person was granted 116,881 restricted stock units, vesting in four equal annual installments beginning on April 15, 2021 and subject to continued service on each applicable vesting date.