Elizabeth M. O'Callahan - May 31, 2022 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
EVP, Chief Legal Officer
Signature
By:Roberta S Cohen, Attorney-in-Fact for Elizabeth M O'Callahan
Stock symbol
NTAP
Transactions as of
May 31, 2022
Transactions value $
-$66,197
Form type
4
Date filed
6/3/2022, 05:00 PM
Previous filing
May 16, 2022
Next filing
Jul 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Other $12K +332 +6.6% $36.27 5.36K May 31, 2022 Direct
transaction NTAP Common Shares Options Exercise $0 +3.13K +58.29% $0.00 8.49K Jun 1, 2022 Direct
transaction NTAP Common shares Tax liability -$78.2K -1.08K -12.72% $72.51 7.41K Jun 1, 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 -875 -100% $0.00* 0 Jun 1, 2022 Common Stock 875 $0.00 Direct F1, F2
transaction NTAP Restricted Stock Options Exercise $0 -1K -50% $0.00 1K Jun 1, 2022 Common Stock 1K $0.00 Direct F1, F3
transaction NTAP Restricted Stock Options Exercise $0 -1.25K -33.33% $0.00 2.5K Jun 1, 2022 Common Stock 1.25K $0.00 Direct F1, F4
* 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 June 1, 2018, the reporting person was granted 3,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2019 and subject to continued service on each applicable vesting date.
F3 On June 3, 2019, the reporting person was granted 4,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2020 and subject to continued service on each appli cable vesting date.
F4 On July 1, 2020, the reporting person was granted 5,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2019 and subject to continued service on each appli cable vesting date.