Elizabeth M. O'Callahan - 11 Sep 2023 Form 4 Insider Report for NetApp, Inc. (NTAP)

Signature
By:Roberta S Cohen, Attorney-in-Fact for Elizabeth M O'Callahan
Issuer symbol
NTAP
Transactions as of
11 Sep 2023
Net transactions value
-$69,314
Form type
4
Filing time
13 Sep 2023, 17:00:10 UTC
Previous filing
17 Aug 2023
Next filing
12 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Sale $69,314 -871 -6.4% $79.58 12,770 11 Sep 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The Transaction reported on this Form 4 was effected pursuant to a Rule 105b-1 trading plan adopted by the reporting person on March 27, 2023.