SEC Form 4 · accession 0001614094-17-000045
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew K Fawcett
Officer — SVP, GC & Secretary
Period of report
May 31, 2017
Accepted (ET)
Jun 5, 2017 · 4:34 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 | May 31, 2017 | J | 469 | $21.3095 | A | 2,117 | D | |
| Common Stock | Jun 1, 2017 | M | 4,850 | $0.00 | A | 6,967 | D | |
| Common Stock | Jun 1, 2017 | F | 2,530 | $39.61 | D | 4,437 | D | |
| Common Stock | Jun 1, 2017 | M | 2,850 | $0.00 | A | 7,287 | D | |
| Common Stock | Jun 1, 2017 | F | 1,487 | $39.61 | D | 5,800 | D | |
| Common Stock | Jun 1, 2017 | M | 6,500 | $0.00 | A | 12,300 | D | |
| Common Stock | Jun 1, 2017 | F | 3,391 | $39.61 | D | 8,909 | D | |
| Common StockF3 | Jun 2, 2017 | S | 6,792 | $39.5767 | D | 2,117 | 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 UnitF4,F5 | $0.00 | Jun 1, 2017 | M | 4,850 | D | Jun 1, 2016 | Jun 23, 2022 | Common Stock | 4,850 | 18,250 | D |
| Restricted Stock UnitF4,F6 | $0.00 | Jun 1, 2017 | M | 2,850 | D | Jun 1, 2016 | Jun 23, 2022 | Common Stock | 2,850 | 15,400 | D |
| Restricted Stock UnitF4,F7 | $0.00 | Jun 1, 2017 | M | 6,500 | D | Jun 1, 2017 | Jun 1, 2023 | Common Stock | 6,500 | 19,500 | D |
| Restricted Stock UnitF4,F8 | $0.00 | Jun 1, 2017 | A | 20,000 | A | Jun 1, 2018 | Jun 1, 2024 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Shares acquired under the NetApp's 1999 Employee Stock Purchase Plan on May 31, 2017.
- F2The transaction(s) reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F3The price in Column 4 is a weighted average price. The prices actually received ranged from $39.41 to $39.735. 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.
- F4Restricted stock units convert into common stock on a one-for-one basis.
- F5On June 23, 2015, the reporting person was granted 19,400 restricted stock units, vesting in four equal annual installments beginning on June 1, 2016, subject to continued service on each applicable vesting date.
- F6On June 23, 2015, the reporting person was granted 11,400 restricted stock units, vesting in four equal annual installments beginning on June 1, 2016 and subject to continued service on each applicable vesting date.
- F7On June 1, 2016, the reporting person was granted 26,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2017 and subject to continued service on each applicable vesting date.
- F8On June 1, 2017, the reporting person was granted 20,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2018 and subject to continued service on each applicable vesting date.