SEC Form 4 · accession 0001614094-17-000121
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Kurian
Officer — CEO · Director
Period of report
Nov 20, 2017
Accepted (ET)
Nov 20, 2017 · 4:30 pm EST
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 | Nov 20, 2017 | M | 75,000 | $48.56 | A | 99,463 | D | |
| Common Stock | Nov 20, 2017 | S | 75,000 | $52.50 | D | 24,463 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $48.56 | Nov 20, 2017 | M | 75,000 | D | — | Apr 14, 2018 | Common Stock | 75,000 | 0 | D |
Explanation of responses
- F1Option vests with respect to 25% of the option shares on March 31, 2012, and the balance in a series of equal monthly installments over the next 36 months of service thereafter.