Home > Insider Trading > Filing (0001614094-20-000066)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1002047	Netapp Inc.	NTAP	Computer Storage Devices (3572)	770307520

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1212064	Gerald Held	1395 Crossman Ave Sunnyvale CA 94089		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2020-09-09	4,435	$0.00	14,750	No	4	M	Direct
Common Stock	Acquisiton	2020-09-10	11,416	$43.77	26,166	No	4	M	Direct
Common Stock	Disposition	2020-09-10	11,416	$45.50	14,750	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2020-09-10	11,416	$45.50	11,416	$43.77
Common Stock	Restricted Stock Unit	Disposition	2020-09-09	4,435	$0.00	4,435	$0.00
Common Stock	Restricted Stock Unit	Acquisiton	2020-09-10	5,634	$0.00	5,634	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2020-09-12	No	4	M	Direct
38,176		No	4	M	Direct
43,810		No	4	A	Direct

Footnotes

The price in Column 4 is a weighted average price. The prices actually received ranged from $45.50 to $45.511. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
The option is immediately exercisable, but any shares purchased under the option will be subject to repurchase by the Company at the option exercise price paid per share, upon the reporting person's cessation of Board service prior to vesting in those shares. The shares will vest upon the reporting person's continuation in Board service through the day immediately preceding the next Annual Stockholders Meeting following the grant date.
Restricted stock units convert into common stock on a one-for-one basis.
On September 12, 2019, the reporting person was granted 4,435 restricted stock units which vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to the subject to the Participant's continuous service on the Board through such date.
On September 10, 2020, the reporting person was granted 5,634 restricted stock units which vest on the day immediately preceding the date of the next Annual Stockholders Meeting of the Company following the Grant Date, subject to the subject to the Participant's continuous service on the Board through such date.