CESAR CERNUDA - 13 Jul 2023 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
President
Signature
Roberta S. Cohen Attorney-in-Fact for Cesar Cernuda
Issuer symbol
NTAP
Transactions as of
13 Jul 2023
Net transactions value
$0
Form type
4
Filing time
17 Jul 2023, 16:13:46 UTC
Previous filing
05 Jun 2023
Next filing
17 Aug 2023
SEC
View on sec.gov

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 Award $0 +28,101 $0.000000 28,101 13 Jul 2023 Common Stock 28,101 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units will be settled in either common stock or cash pursuant to the terms of the award.
F2 On July 13, 2023, the reporting person was granted 28,101 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2024 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.