SEC Form 4 · accession 0001614094-16-000182
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Kurian
Officer — CEO · Director
Period of report
Oct 15, 2016
Accepted (ET)
Oct 18, 2016 · 4:33 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 | Oct 15, 2016 | M | 5,000 | $0.00 | A | 45,570 | D | |
| Common Stock | Oct 15, 2016 | F | 2,609 | $33.53 | D | 42,961 | D | |
| Common Stock | Oct 15, 2016 | M | 3,000 | $0.00 | A | 45,961 | D | |
| Common Stock | Oct 15, 2016 | F | 1,565 | $33.53 | D | 44,396 | 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 UnitF1,F2 | $0.00 | Oct 15, 2016 | M | 5,000 | D | — | Oct 15, 2019 | Common Stock | 5,000 | 0 | D |
| Restricted Stock UnitF1,F3 | $0.00 | Oct 15, 2016 | M | 3,000 | D | — | Oct 15, 2020 | Common Stock | 3,000 | 3,000 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On October 15, 2012, the reporting person was granted 20,000 restricted stock units, vesting in four equal annual installments beginning on the award date and subject to continued service on each applicable vesting date.
- F3On October 15, 2013, the reporting person was granted 9,000 restricted stock units, vesting in four equal annual installments beginning on the award date and subject to continued service on each applicable vesting date.