MICHAEL J. BERRY - 30 Nov 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
30 Nov 2022
Transactions value $
$-22,928
Form type
4
Filing time
17 Feb 2023, 15:00:58 UTC
Previous filing
17 Nov 2022
Next filing
18 Apr 2023
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 $5,862 +102 +0.1% $57.47 97,722 30 Nov 2022 The Berry Trust F1
transaction NTAP Common shares Options Exercise $0 +1,437 +1.47% $0.000000 99,159 15 Feb 2023 The Berry Trust
transaction NTAP Common Shares Tax liability $-28,789 -419 -0.42% $68.71 98,740 15 Feb 2023 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 -1,437 -10% $0.000000 12,938 15 Feb 2023 Common Stock 1,437 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares purchased under the NetApp Employee Stock Purchase plan on November 30, 2022.
F2 Restricted Stock Units convert into common stock on a one-for-one basis.
F3 On July 1, 2021, the reporting person was granted 23,000 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.