NetApp, Inc. 4
4 · NetApp, Inc. · Filed Mar 10, 2017
Insider Transaction Report
Form 4
NetApp, Inc.NTAP
EARHART ALAN L
Director
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2017-03-08$42.46/sh−11,500$488,260→ 0 totalExercise: $37.62Exp: 2018-08-30→ Common Stock (11,500 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2017-03-08$42.46/sh−10,000$424,574→ 0 totalExercise: $40.38Exp: 2017-08-30→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2017-03-08$40.38/sh+10,000$403,800→ 21,611 total - Exercise/Conversion
Common Stock
2017-03-08$37.62/sh+11,500$432,630→ 33,111 total - Sale
Common Stock
2017-03-08$42.46/sh−27,422$1,164,297→ 5,689 total
Footnotes (2)
- [F1]The price in Column 4 is a weighted average price. The prices actually received ranged from $42.45 to $42.49. 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.
- [F2]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.