MICHAEL J. BERRY - 15 Apr 2024 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
EVP, CFO
Signature
/s/ Michael Schultz, Attorney-in-Fact for Michael J Berry
Issuer symbol
NTAP
Transactions as of
15 Apr 2024
Net transactions value
-$1,062,293
Form type
4
Filing time
17 Apr 2024, 16:15:07 UTC
Previous filing
14 Mar 2024
Next filing
17 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Options Exercise +29,220 +20% 174,129 15 Apr 2024 By The Berry Family Trust F1
transaction NTAP Common Shares Tax liability $1,062,293 -10,377 -6% $102.37 163,752 15 Apr 2024 By The Berry Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTAP Restricted Stock Unit Options Exercise -29,220 -100% 0 15 Apr 2024 Common Shares 29,220 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On April 15, 2020, the reporting person was granted 116,881 restricted stock units, vesting in four equal annual installments beginning on April 15, 2021 and subject to continued service on each applicable vesting date.