SEC Form 4 · accession 0001614094-15-000006
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas R Noviello
Officer — EVP Finance & Operations, CFO
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 4:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001002047
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 2, 2015 | M | 11,000 | $23.79 | A | 32,684 | D | |
| Common StockF2 | Mar 2, 2015 | S | 11,000 | $38.6581 | D | 21,684 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $23.79 | Mar 2, 2015 | M | 11,000 | D | — | Jun 1, 2015 | Common Stock | 11,000 | 0 | D |
Explanation of responses
- F1The transaction(s) reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $38.25 to $38.90. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3Option vests in a series of equal monthly installments over 48 months of service beginning with the one-month annniversary of the grant date.