Home > Insider Trading > Filing (0001614094-14-000065)

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
1251445	Michael Thomas Nevens	495 East Java Drive 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	2014-11-18	17,000	$34.52	17,000	No	4	M	Direct
Common Stock	Disposition	2014-11-18	17,000	$42.04	0	No	4	S	Direct
Common Stock	Acquisiton	2014-11-18	55,000	$33.83	55,000	No	4	M	Direct
Common Stock	Disposition	2014-11-18	55,000	$42.04	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	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	2014-11-18	55,000	$0.00	55,000	$33.83
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2014-11-18	17,000	$0.00	17,000	$34.52

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2016-12-16	No	4	M	Direct
3,000		2019-08-30	No	4	M	Direct

Footnotes

The option shares are immediately exercisable as of the grant date and shall initially be unvested and subject to repurchase by the corporation at the exercise price per share. The reporting person shall acquire a vested interest in the option shares, and the corporation's repurchase right shall accordingly lapse, with respect to 25,000 shares upon the completion of one year of service as a member of the corporation's Board of Directors measured from the grant date; and the balance of the shares in a series of three successive equal annual installments upon the completion of each year of Board service over the three-year period measured from the first anniversay of the grant date.
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.