Cesar Cernuda - Aug 15, 2025 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
President
Signature
/s/ Bryan Tham, Attorney-in-Fact for Cesar Cernuda
Stock symbol
NTAP
Transactions as of
Aug 15, 2025
Transactions value $
-$251,414
Form type
4
Date filed
8/19/2025, 04:30 PM
Previous filing
Jul 3, 2025
Next filing
Nov 18, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
CERNUDA CESAR President 3060 OLSEN DRIVE, SAN JOSE /s/ Bryan Tham, Attorney-in-Fact for Cesar Cernuda 2025-08-19 0001817313

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Options Exercise +4.92K +9.94% 54.4K Aug 15, 2025 Direct F1, F2
transaction NTAP Common Shares Tax liability -$251K -2.31K -4.25% $108.79 52.1K Aug 15, 2025 Direct

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 -1.96K -25% 5.89K Aug 15, 2025 Common Shares 1.96K Direct F1, F3
transaction NTAP Restricted Stock Unit Options Exercise -1.76K -12.5% 12.3K Aug 15, 2025 Common Shares 1.76K Direct F1, F4
transaction NTAP Restricted Stock Unit Options Exercise -1.2K -8.33% 13.2K Aug 15, 2025 Common Shares 1.2K Direct F1, F5
* 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 Includes 347 shares purchased at $61.166 per share under the NetApp Employee Stock Purchase Plan on May 30, 2025.
F3 On July 1, 2022, the reporting person was granted 31,422 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2023 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.
F4 On July 13, 2023, the reporting person was granted 28,101 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2024 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.
F5 On July 1, 2024, the reporting person was granted 19,193 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2025 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.