SEC Form 4 · accession 0001614094-18-000006
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
Jan 3, 2018
Accepted (ET)
Jan 4, 2018 · 4:19 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 | Jan 3, 2018 | M | 3,509 | $37.64 | A | 3,950 | D | |
| Common Stock | Jan 3, 2018 | M | 2,550 | $36.59 | A | 6,500 | D | |
| Common Stock | Jan 3, 2018 | S | 6,059 | $55.7901 | D | 441 | D | |
| Common Stock | Jan 3, 2018 | S | 441 | $55.904 | D | 0 | 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 | $36.59 | Jan 3, 2018 | M | 2,550 | D | Jul 3, 2014 | Jun 2, 2021 | Common Stock | 2,550 | 4,650 | D |
| Non-Qualified Stock Option (right to buy)F2 | $37.64 | Jan 3, 2018 | M | 3,509 | D | Jul 3, 2013 | Jun 2, 2020 | Common Stock | 3,509 | 3,391 | D |
Explanation of responses
- F1On June 3, 2014, the reporting person was granted 16,800 nonqualified stock options, subject to the option vesting monthly in equal installments over four years beginning on July 3, 2014, subject to continued service on each applicable vesting date.
- F2On June 3, 2013, the reporting person was granted 14,400 nonqualified stock options, subject to the option vesting monthly in equal installments over four years beginning on July 3, 2013, subject to continued service on each applicable vesting date.