SEC Form 4 · accession 0001614094-18-000073
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henri P Richard
Officer — EVP, Go To Market
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 4:19 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 15, 2018 | M | 26,607 | $0.00 | A | 90,098 | D | |
| Common Stock | Jun 15, 2018 | F | 13,191 | $77.70 | D | 76,907 | D | |
| Common StockF2 | Jun 18, 2018 | S | 1,063 | $77.5287 | D | 75,844 | D | |
| Common StockF3 | Jun 18, 2018 | S | 1,462 | $78.1581 | D | 74,382 | 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 UnitF4,F5 | $0.00 | Jun 15, 2018 | M | 26,607 | D | Jun 15, 2017 | Jun 15, 2023 | Common Stock | 26,607 | 0 | D |
Explanation of responses
- F1The transaction reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 20, 2017.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $76.93 to $77.84. 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 $77.88 to $78.33. 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.
- F4Restricted stock units convert into common stock on a one-for-one basis.
- F5On June 15, 2016, the reporting person was granted 53,213 restricted stock units, vesting in two equal annual installments beginning on June 15, 2017 and subject to continued service on each applicable vesting date.