MICHAEL J. BERRY - 15 Apr 2023 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
15 Apr 2023
Transactions value $
-$627,671
Form type
4
Filing time
18 Apr 2023, 16:00:06 UTC
Previous filing
17 Feb 2023
Next filing
17 May 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 Options Exercise $0 +29,220 +30% $0 127,960 15 Apr 2023 The Berry Trust
transaction NTAP Common Shares Tax liability -$627,671 -9,460 -7.4% $66.35 118,500 15 Apr 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 -29,220 -50% $0 29,220 15 Apr 2023 Common Stock 29,220 $0 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.