SEC Form 4 · accession 0001614094-18-000049

NetApp, Inc. · NTAP

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

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

George Kurian

Officer — CEO · Director

Period of report

Jun 1, 2018

Accepted (ET)

Jun 5, 2018 · 4:40 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
Common Stock^F2	Jun 1, 2018	S	6,000	$68.3573	D	143,636	D
Common Stock	Jun 1, 2018	M	10,725	$0.00	A	154,361	D
Common Stock	Jun 1, 2018	F	5,317	$69.71	D	149,044	D
Common Stock	Jun 1, 2018	M	10,725	$0.00	A	159,769	D
Common Stock	Jun 1, 2018	F	5,317	$69.71	D	154,452	D
Common Stock	Jun 1, 2018	M	14,575	$0.00	A	169,027	D
Common Stock	Jun 1, 2018	F	7,226	$69.71	D	161,801	D
Common Stock	Jun 1, 2018	M	14,250	$0.00	A	176,051	D
Common Stock	Jun 1, 2018	F	7,065	$69.71	D	168,986	D
Common Stock	Jun 3, 2018	M	13,275	$0.00	A	182,261	D
Common Stock	Jun 3, 2018	F	6,581	$69.71	D	175,680	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)^F3	$40.70	Jun 1, 2018	M	6,000	D	Sep 20, 2014	Oct 14, 2020	Common Stock	6,000	30,000	D
Restricted Stock Unit^F4,F5	$0.00	Jun 1, 2018	M	10,725	D	Jun 1, 2016	Aug 3, 2022	Common Stock	10,725	32,175	D
Restricted Stock Unit^F4,F5	$0.00	Jun 1, 2018	M	10,725	D	Jun 1, 2016	Aug 3, 2022	Common Stock	10,725	21,450	D
Restricted Stock Unit^F4,F6	$0.00	Jun 1, 2018	M	14,575	D	Jun 1, 2017	Jun 1, 2023	Common Stock	14,575	29,150	D
Restricted Stock Unit^F4,F7	$0.00	Jun 1, 2018	M	14,250	D	Jun 1, 2018	Jun 1, 2024	Common Stock	14,250	42,750	D
Restricted Stock Unit^F4,F8	$0.00	Jun 3, 2018	M	13,275	D	Jun 3, 2015	—	Common Stock	13,275	0	D

Explanation of responses

F1The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 1, 2017.
F2The price in Column 4 is a weighted average price. The prices actually received ranged from $68.00 to $68.78. 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.
F3On October 15, 2013, the reporting person was granted 36,000 stock options of which 25% vested on September 20,2014. The balance of the shares vested monthly in equal installments over the next 36 months following September 20,2014, subject to continued service on each applicable vesting date.
F4Restricted stock units convert into common stock on a one-for-one basis.
F5On August 3, 2015, the reporting person was granted 42,900 restricted stock units, vesting in four equal annual installments beginning on June 1, 2016 and subject to continued service on each applicable vesting date.
F6On June 1, 2016, the reporting person was granted 58,300 restricted stock units, vesting in four equal annual installments beginning on June 1, 2017 and subject to continued service on each applicable vesting date.
F7On June 1, 2017, the reporting person was granted 57,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2018 and subject to continued service on each applicable vesting date.
F8On June 3, 2014, the reporting person was granted 53,100 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.