SEC Form 4 · accession 0001614094-15-000036
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Georgens
Officer — Former CEO · Director
Period of report
Jun 3, 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 StockF1 | Jun 3, 2015 | M | 17,125 | — | A | 37,620 | D | |
| Common Stock | Jun 3, 2015 | F | 6,728 | $33.245 | D | 30,892 | D | |
| Common StockF1 | Jun 3, 2015 | M | 31,250 | — | A | 62,142 | D | |
| Common Stock | Jun 3, 2015 | F | 16,306 | $33.245 | D | 45,836 | D | |
| Common StockF2 | Jun 5, 2015 | S | 34,705 | $33.8052 | D | 11,131 | D | |
| Common StockF3 | holding | — | — | — | 532 | I | by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F5 | $0.00 | Jun 3, 2015 | M | 17,125 | D | — | — | Common Stock | 17,125 | 168,000 | D |
| Restricted Stock UnitF4,F6 | $0.00 | Jun 3, 2015 | M | 31,250 | D | — | — | Common Stock | 31,250 | 136,750 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $33.73 to $33.85. 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.
- F3Mr. Georgens disclaims beneficial ownership of these shares.
- F4Non-Derivative Securities Beneficially Owned includes shares acquired under NetApp Employee Stock Purchase Plan on May 31, 2013.
- F5On June 3, 2013, the reporting person was granted 68,500 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 3, 2014, the reporting person was granted 125,000 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.