SEC Form 4 · accession 0001614094-17-000046
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Kurian
Officer — CEO & President · Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 5, 2017 · 4:35 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 1, 2017 | M | 10,725 | $0.00 | A | 75,848 | D | |
| Common Stock | Jun 1, 2017 | F | 5,596 | $39.61 | D | 70,252 | D | |
| Common Stock | Jun 1, 2017 | M | 10,725 | $0.00 | A | 80,977 | D | |
| Common Stock | Jun 1, 2017 | F | 5,596 | $39.61 | D | 75,381 | D | |
| Common Stock | Jun 1, 2017 | M | 14,575 | $0.00 | A | 89,956 | D | |
| Common Stock | Jun 1, 2017 | F | 7,605 | $39.61 | D | 82,351 | 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 | Jun 1, 2017 | M | 10,725 | D | Jun 1, 2016 | Aug 3, 2022 | Common Stock | 10,725 | 53,625 | D |
| Restricted Stock UnitF1,F2 | $0.00 | Jun 1, 2017 | M | 10,725 | D | Jun 1, 2016 | Aug 3, 2022 | Common Stock | 10,725 | 42,900 | D |
| Restricted Stock UnitF1,F3 | $0.00 | Jun 1, 2017 | M | 14,575 | D | Jun 1, 2017 | Jun 1, 2023 | Common Stock | 14,575 | 43,725 | D |
| Restricted Stock UnitF1,F4 | $0.00 | Jun 1, 2017 | M | 57,000 | A | Jun 1, 2018 | Jun 1, 2024 | Common Stock | 57,000 | 57,000 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On August 3, 2015, the reporting person was granted 42,900 restricted stock units, vesting in four equal annual installments beginning on June 1, 2016 and subject to continued service on each applicable vesting date.
- F3On June 1, 2016, the reporting person was granted 58,300 restricted stock units, vesting in four equal annual installments beginning on June 1, 2017 and subject to continued service on each applicable vesting date.
- F4On June 1, 2017, the reporting person was granted 57,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2018 and subject to continued service on each applicable vesting date.