MICHAEL J. BERRY - 31 May 2022 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
EVP Finance & Operations, CFO
Signature
By:Roberta S Cohen, Attorney-in-Fact for Michael J. Berry
Issuer symbol
NTAP
Transactions as of
31 May 2022
Transactions value $
-$202,551
Form type
4
Filing time
03 Jun 2022, 17:00:55 UTC
Previous filing
16 May 2022
Next filing
06 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Other $14,979 +413 +0.48% $36.27 86,250 31 May 2022 The Berry Trust
transaction NTAP Common shares Options Exercise $0 +7,625 +8.84% $0.000000 93,875 01 Jun 2022 The Berry Trust
transaction NTAP Common Shares Tax liability -$217,530 -3,000 -3.2% $72.51 90,875 01 Jun 2022 The Berry 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 $0 -7,625 -33.3% $0.000000 15,250 01 Jun 2022 Common Stock 7,625 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU Price: Restricted Stock Units convert into common stock on a one-for-one basis.
F2 On July 1, 2020, the reporting person was granted 30,500 restricted stock units, vesting in four equal annual installments beginning on June 1, 2021 and subject to continued service on each applicable vesting date.