SEC Form 4 · accession 0001614094-18-000050
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald J Pasek
Officer — EVP Finance & Operations, CFO
Period of report
May 31, 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 31, 2018 | J | 689 | $21.3095 | A | 52,124 | D | |
| Common Stock | Jun 1, 2018 | M | 8,077 | $0.00 | A | 60,201 | D | |
| Common Stock | Jun 1, 2018 | F | 4,004 | $69.71 | D | 56,197 | D | |
| Common Stock | Jun 1, 2018 | M | 9,000 | $0.00 | A | 65,197 | D | |
| Common Stock | Jun 1, 2018 | F | 4,462 | $69.71 | D | 60,735 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | $0.00 | Jun 1, 2018 | M | 8,077 | D | Jun 1, 2017 | Jun 1, 2023 | Common Stock | 8,077 | 16,154 | D |
| Restricted Stock UnitF2,F4 | $0.00 | Jun 1, 2018 | M | 9,000 | D | Jun 1, 2018 | Jun 1, 2024 | Common Stock | 9,000 | 27,000 | D |
Explanation of responses
- F1Shares purchased under the NetApp 1999 Employee Stock Purchase Plan on May 31, 2018.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3On June 1, 2016, the reporting person was granted 32,309 restricted stock units, vesting in four equal annual installments beginning on June 1, 2017 and subject to continued service on each applicable vesting date.
- F4On June 1, 2017, the reporting person was granted 36,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2018 and subject to continued service on each applicable vesting date.