Michael J. Berry - May 31, 2022 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
EVP Finance & Operations, CFO
Signature
By:Roberta S Cohen, Attorney-in-Fact for Michael J. Berry
Stock symbol
NTAP
Transactions as of
May 31, 2022
Transactions value $
-$202,551
Form type
4
Date filed
6/3/2022, 05:00 PM
Previous filing
May 16, 2022
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Other $15K +413 +0.48% $36.27 86.3K May 31, 2022 The Berry Trust
transaction NTAP Common shares Options Exercise $0 +7.63K +8.84% $0.00 93.9K Jun 1, 2022 The Berry Trust
transaction NTAP Common Shares Tax liability -$218K -3K -3.2% $72.51 90.9K Jun 1, 2022 The Berry 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 $0 -7.63K -33.33% $0.00 15.3K Jun 1, 2022 Common Stock 7.63K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU Price: Restricted Stock Units convert into common stock on a one-for-one basis.
F2 On July 1, 2020, the reporting person was granted 30,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2021 and subject to continued service on each applicable vesting date.