SEC Form 4 · accession 0001614094-15-000034
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffry R Allen
Director
Period of report
Jun 4, 2015
Accepted (ET)
Jun 5, 2015 · 6:46 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 Stock | Jun 4, 2015 | M | 25,000 | $25.08 | A | 25,000 | D | |
| Common StockF1 | Jun 4, 2015 | S | 25,000 | $33.3109 | D | 0 | D | |
| Common Stock | holding | — | — | — | 3,689 | I | by Trust |
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)F2 | $25.08 | Jun 4, 2015 | M | 25,000 | D | — | Sep 1, 2015 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $33.25 to $33.35. 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.
- F2The option was granted on September 2, 2008 and immediately exercisable in full, subject to the Issuer?s right of repurchase until the shares vested. The shares vested upon Optionee?s continuation of service on the board of directors of the Issuer through August 30, 2010, which was the day immediately preceding the Annual Stockholders? Meeting following the grant date.