SEC Form 4 · accession 0001614094-15-000026
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
May 31, 2015
Accepted (ET)
Jun 3, 2015 · 8:16 pm EDT
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 StockF1 | May 31, 2015 | J | 105 | $28.39 | A | 21,789 | D | |
| Common StockF2 | Jun 1, 2015 | M | 6,675 | — | A | 28,464 | D | |
| Common Stock | Jun 1, 2015 | F | 2,508 | $33.155 | D | 25,956 | D | |
| Common StockF2 | Jun 1, 2015 | M | 1,575 | — | A | 27,531 | D | |
| Common Stock | Jun 1, 2015 | F | 591 | $33.155 | D | 26,940 | D | |
| Common StockF4 | Jun 3, 2015 | S | 5,151 | $33.6097 | D | 21,789 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF5 | $0.00 | Jun 1, 2015 | M | 6,675 | D | — | — | Common Stock | 6,675 | 29,125 | D |
| Restricted Stock UnitF6 | $0.00 | Jun 1, 2015 | M | 1,575 | D | — | — | Common Stock | 1,575 | 27,550 | D |
Explanation of responses
- F1Shares acquired under the NetApp 1999 Employee Stock Purchase Plan on May 31, 2015.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3The transaction(s) reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F4The price in Column 4 is a weighted average price. The prices actually received ranged from $33.43 to $33.79. 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.
- F5On June 1, 2012, the reporting person was granted 26,700 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date, subject to continued service on each applicable vesting date.
- F6On June 1, 2011, the reporting person was granted 6,300 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date, subject to continued service on each applicable vesting date.