SEC Form 4 · accession 0001614094-17-000124

NetApp, Inc. · NTAP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Nov 16, 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
Common Stock	Nov 16, 2017	M	27,500	$46.77	A	34,632	D
Common Stock	Nov 16, 2017	S	27,500	$51.41	D	7,132	D
Common Stock	Nov 16, 2017	M	22,831	$43.77	A	29,963	D
Common Stock	Nov 16, 2017	S	22,831	$53.77	D	7,132	D

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)^F2	$43.77	Nov 16, 2017	M	22,831	D	—	Sep 12, 2020	Common Stock	22,831	0	D
Non-Qualified Stock Option (right to buy)^F3	$46.77	Nov 16, 2017	M	27,500	D	—	Mar 15, 2018	Common Stock	27,500	0	D

F1The transaction reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2017.
F2Option is immediately exercisable, but any shares purchased under the option will be subject to repurchase by the Company at the option exercise price paid per share, upon the Optionee's cessation of Board service prior to vesting in those shares. The shares will vest upon the Optionee's continuation in Board service through the day immediately preceding the next Annual Stockholders Meeting following the grant date.
F3Option vests with respect to 12,500 of the option shares on the first anniversary of the grant date and the balance in a series of equal annual installments over the next 3 years of service thereafter.