SEMMOTO SACHIO 4
4 · NETWORK APPLIANCE INC · Filed Jun 16, 2006
Insider Transaction Report
Form 4
SEMMOTO SACHIO
Director
Transactions
- Exercise/Conversion
Common Stock
2006-06-15$20.61/sh+15,000$309,150→ 15,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-06-15−15,000→ 0 totalExercise: $20.61Exp: 2014-09-01→ Common Stock (15,000 underlying)
Footnotes (1)
- [F1]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 Optionee's cessation of Board service prior to vesting in those shares. The shares will vest upon the Optionee's continuation in Board service through the day immediately preceding the next Annual Stockholders Meeting following the grant date.