George Kurian - 15 Aug 2022 Form 4 Insider Report for NetApp, Inc. (NTAP)

Signature
By:Roberta S Cohen, Attorney-in-Fact for George Kurian
Issuer symbol
NTAP
Transactions as of
15 Aug 2022
Net transactions value
-$83,436
Form type
4
Filing time
17 Aug 2022, 17:48:22 UTC
Previous filing
27 Jul 2022
Next filing
02 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common shares Options Exercise $0 +2,256 +1.4% $0.000000 163,706 15 Aug 2022 Direct
transaction NTAP Common Shares Tax liability $83,436 -1,118 -0.68% $74.63 162,588 15 Aug 2022 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 $0 -2,256 -8.3% $0.000000 24,819 15 Aug 2022 Common Stock 2,256 $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 Restricted Stock Units convert into common stock on a one-for-one basis.
F2 On July 1, 2021, the reporting person was granted 36,100 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2022 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.