SEC Form 4 · accession 0001614094-17-000088
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert T Wall
Director
Period of report
Sep 13, 2017
Accepted (ET)
Sep 15, 2017 · 4:42 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 StockF1 | Sep 13, 2017 | M | 2,856 | $0.00 | A | 38,904 | D | |
| Common StockF1 | Sep 13, 2017 | M | 7,132 | $0.00 | A | 46,036 | 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 | Sep 13, 2017 | M | 2,856 | D | — | — | Common Stock | 2,856 | 7,132 | D |
| Restricted Stock UnitF1,F3 | $0.00 | Sep 13, 2017 | M | 7,132 | D | — | — | Common Stock | 7,132 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Includes 2,856 shares which due to an administrative error were incorrectly shown as received in September 2014. On September 13, 2013, Mr. Wall elected to defer the payout of such shares until within 30 days of the earlier of the date:(a) his service on the Board ceases for any reason or (b) on which a Change of Control occurs.
- F3On September 15, 2016, the reporting person was granted 7,132 restricted stock units which vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to the Participant's continuous service on the Board through such date.