SEC Form 4 · accession 0001614094-17-000049
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henri P Richard
Officer — EVP, WW Field& Customer OPS
Period of report
May 31, 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 StockF2 | May 31, 2017 | J | 997 | $21.3095 | A | 1,994 | D | |
| Common Stock | Jun 1, 2017 | M | 15,158 | $0.00 | A | 17,152 | D | |
| Common Stock | Jun 1, 2017 | F | 5,696 | $39.61 | D | 11,456 | 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 UnitF3,F4 | $0.00 | Jun 1, 2017 | M | 15,158 | D | Jun 1, 2017 | Jun 1, 2023 | Common Stock | 15,158 | 45,472 | D |
| Restricted Stock UnitF3,F5 | $0.00 | Jun 1, 2017 | A | 38,000 | A | Jun 1, 2018 | Jun 1, 2024 | Common Stock | 38,000 | 38,000 | D |
Explanation of responses
- F1Shares acquired under the NetApp's 1999 Employee Stock Purchase Plan on May 31, 2017.
- F2Includes 997 shares of the Issuer's common stock acquired on November 30, 2016 under the NetApp, Inc. Employee Stock Purchase Plan.
- F3Restricted stock units convert into common stock on a one-for-one basis.
- F4On June 1, 2016, the reporting person was granted 60,630 restricted stock units, vesting in four equal annual installments beginning on June 1, 2017 and subject to continued service on each applicable vesting date.
- F5On June 1, 2017, the reporting person was granted 38,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2018 and subject to continued service on each applicable vesting date.