SEC Form 4 · accession 0001614094-18-000102
NetApp, Inc. · NTAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan L Earhart
Director
Period of report
Sep 12, 2018
Accepted (ET)
Sep 14, 2018 · 4:27 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 | Sep 12, 2018 | M | 6,150 | $0.00 | A | 18,971 | D | |
| Common Stock | Sep 12, 2018 | M | 7,916 | $0.00 | A | 26,887 | 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 UnitF1,F2 | $0.00 | Sep 12, 2018 | M | 6,150 | D | — | — | Common Stock | 6,150 | 7,916 | D |
| Restricted Stock UnitF1,F3 | $0.00 | Sep 12, 2018 | M | 7,916 | D | — | — | Common Stock | 7,916 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On September 14, 2017, the reporting person was granted 6,150 restricted stock units which vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to the subject to the Participant's continuous service on the Board through such date.
- F3On September 11, 2015, the reporting person was granted 7,916 restricted stock units which vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to the Participant?s continuous service on the Board through such date. The RSUs have been deferred and the payout shall be within 30 days of the earlier of the date his service on the Board ceases for any reason of the date on which a Change of Control occurs.