SEC Form 4 · accession 0001614094-18-000058
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew K Fawcett
Officer — SVP, GC & Secretary
Period of report
Jun 4, 2018
Accepted (ET)
Jun 6, 2018 · 4:22 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 | Jun 4, 2018 | M | 1,148 | $36.59 | A | 55,856 | D | |
| Common Stock | Jun 4, 2018 | S | 1,148 | $70.00 | D | 54,708 | D | |
| Common StockF2 | Jun 4, 2018 | S | 6,819 | $69.9529 | D | 47,889 | D | |
| Common StockF3 | Jun 4, 2018 | S | 5,700 | $70.283 | D | 42,189 | D | |
| Common Stock | Jun 5, 2018 | S | 2,521 | $72.1756 | D | 39,668 | 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)F4 | $36.59 | Jun 4, 2018 | M | 1,148 | D | Jun 3, 2015 | Jun 2, 2021 | Common Stock | 1,148 | 0 | D |
| Restricted Stock UnitF5,F6 | $0.00 | Jun 4, 2018 | A | 12,000 | A | Jun 1, 2019 | Jun 1, 2025 | Common Stock | 12,000 | 12,000 | D |
Explanation of responses
- F1The sale(s) reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 3, 2018.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $69.44 to $70.15. 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.
- F3The price in Column 4 is a weighted average price. The prices actually received ranged from $70.16 to $70.46. 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.
- F4On June 3, 2014, the reporting person was granted 55,100 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.
- F5Restricted stock units convert into common stock on a one-for-one basis.
- F6On June 4, 2018, the reporting person was granted 12,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2019 and subject to continued service on each applicable vesting date.