SEC Form 4 · accession 0001614094-17-000055
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joel D Reich
Officer — Exec VP, Product Operations
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 | 1,200 | $0.00 | A | 10,155 | D | |
| Common Stock | Jun 3, 2017 | F | 567 | $39.41 | D | 9,588 | D | |
| Common Stock | Jun 3, 2017 | M | 3,250 | $0.00 | A | 12,838 | D | |
| Common Stock | Jun 3, 2017 | F | 1,535 | $39.41 | D | 11,303 | 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 3, 2017 | M | 1,200 | D | Jun 3, 2014 | Jun 3, 2020 | Common Stock | 1,200 | 0 | D |
| Restricted Stock UnitF1,F3 | $0.00 | Jun 3, 2017 | M | 3,250 | D | Jun 3, 2015 | Jun 2, 2021 | Common Stock | 3,250 | 3,250 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On June 3, 2013, the reporting person was granted 4,800 restricted stock units, vesting in four equal annual installments beginning on June 3, 2014 and subject to continued service on each applicable vesting date.
- F3On June 3, 2014, the reporting person was granted 13,000 restricted stock units, vesting in four equal annual installments beginning on June 3, 2015, and subject to continued service on each applicable vesting date.