SEC Form 4 · accession 0001614094-17-000053
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
Jun 3, 2017
Accepted (ET)
Jun 6, 2017 · 4:39 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 3, 2017 | M | 6,250 | $0.00 | A | 8,367 | D | |
| Common Stock | Jun 3, 2017 | F | 3,261 | $39.41 | D | 5,106 | D | |
| Common Stock | Jun 3, 2017 | M | 10,625 | $0.00 | A | 15,731 | D | |
| Common Stock | Jun 3, 2017 | F | 5,544 | $39.41 | D | 10,187 | D | |
| Common StockF2 | Jun 5, 2017 | S | 8,070 | $39.3763 | 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 UnitF3,F4 | $0.00 | Jun 3, 2017 | M | 6,250 | D | Jun 3, 2015 | — | Common Stock | 6,250 | 21,250 | D |
| Restricted Stock UnitF3,F5 | $0.00 | Jun 3, 2017 | M | 10,625 | D | Jun 3, 2015 | — | Common Stock | 10,625 | 10,625 | D |
Explanation of responses
- F1The transaction(s) reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $39.18 to $39.52. 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.
- F3Restricted stock units convert into common stock on a one-for-one basis.
- F4On June 3, 2013, the reporting person was granted 25,000 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.
- F5On June 3, 2014, the reporting person was granted 42,500 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.