Michael J. Berry - Apr 15, 2023 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
Apr 15, 2023
Transactions value $
-$627,671
Form type
4
Date filed
4/18/2023, 04:00 PM
Previous filing
Feb 17, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common shares Options Exercise $0 +29.2K +29.59% $0.00 128K Apr 15, 2023 The Berry Trust
transaction NTAP Common Shares Tax liability -$628K -9.46K -7.39% $66.35 119K Apr 15, 2023 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 -29.2K -50% $0.00 29.2K Apr 15, 2023 Common Stock 29.2K $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 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.