SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Kurian George

(Last) (First) (Middle)
1395 CROSSMAN AVE

(Street)
SUNNYVALE CA 94089

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NetApp, Inc. [ NTAP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/01/2018 S(1) 6,000 D $68.3573(2) 143,636 D
Common Stock 06/01/2018 M 10,725 A $0.0 154,361 D
Common Stock 06/01/2018 F 5,317 D $69.71 149,044 D
Common Stock 06/01/2018 M 10,725 A $0.0 159,769 D
Common Stock 06/01/2018 F 5,317 D $69.71 154,452 D
Common Stock 06/01/2018 M 14,575 A $0.0 169,027 D
Common Stock 06/01/2018 F 7,226 D $69.71 161,801 D
Common Stock 06/01/2018 M 14,250 A $0.0 176,051 D
Common Stock 06/01/2018 F 7,065 D $69.71 168,986 D
Common Stock 06/03/2018 M 13,275 A $0.0 182,261 D
Common Stock 06/03/2018 F 6,581 D $69.71 175,680 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $40.7 06/01/2018 M 6,000 09/20/2014(3) 10/14/2020 Common Stock 6,000 $68.3573 30,000 D
Restricted Stock Unit $0.0(4) 06/01/2018 M 10,725 06/01/2016(5) 08/03/2022 Common Stock 10,725 $0.0 32,175 D
Restricted Stock Unit $0.0(4) 06/01/2018 M 10,725 06/01/2016(5) 08/03/2022 Common Stock 10,725 $0.0 21,450 D
Restricted Stock Unit $0.0(4) 06/01/2018 M 14,575 06/01/2017(6) 06/01/2023 Common Stock 14,575 $0.0 29,150 D
Restricted Stock Unit $0.0(4) 06/01/2018 M 14,250 06/01/2018(7) 06/01/2024 Common Stock 14,250 $0.0 42,750 D
Restricted Stock Unit $0.0(4) 06/03/2018 M 13,275 06/03/2015(8) (8) Common Stock 13,275 $0.0 0 D
Explanation of Responses:
1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 1, 2017.
2. The price in Column 4 is a weighted average price. The prices actually received ranged from $68.00 to $68.78. 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.
3. On October 15, 2013, the reporting person was granted 36,000 stock options of which 25% vested on September 20,2014. The balance of the shares vested monthly in equal installments over the next 36 months following September 20,2014, subject to continued service on each applicable vesting date.
4. Restricted stock units convert into common stock on a one-for-one basis.
5. On August 3, 2015, the reporting person was granted 42,900 restricted stock units, vesting in four equal annual installments beginning on June 1, 2016 and subject to continued service on each applicable vesting date.
6. On June 1, 2016, the reporting person was granted 58,300 restricted stock units, vesting in four equal annual installments beginning on June 1, 2017 and subject to continued service on each applicable vesting date.
7. On June 1, 2017, the reporting person was granted 57,000 restricted stock units, vesting in four equal annual installments beginning on June 1, 2018 and subject to continued service on each applicable vesting date.
8. On June 3, 2014, the reporting person was granted 53,100 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date, subject to continued service on each applicable vesting date.
By: Roberta S. Cohen Attorney-in-Fact For: George Kurian 06/05/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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