SEC Form 4 · accession 0001614094-18-000018
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Kurian
Officer — CEO · Director
Period of report
Apr 5, 2018
Accepted (ET)
Apr 9, 2018 · 4:41 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 | Apr 5, 2018 | M | 7,020 | $37.64 | A | 27,657 | D | |
| Common StockF1 | Apr 5, 2018 | S | 7,020 | $61.9497 | D | 20,637 | 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)F2 | $37.64 | Apr 5, 2018 | M | 7,020 | D | — | Jun 2, 2020 | Common Stock | 7,020 | 7,020 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $61.56 to $62.54. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F2On June 3, 2013, the reporting person was granted 21,700 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date, subject to continued service on each applicable vesting date.