CERNUDA CESAR (President) exercised options at NETAPP, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 11/18/2025ACC: 0001193125-25-286197
-2.31K
Net shares
Net seller
$253.4K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
4.92K acquired · 7.23K disposed
Non-Derivative Transactions2
Common Shares
Direct
Shares
+4.92K
Price / share
—
Trade value
—
% of position
9.4%
11/15/2025
52.11K→57.03K
Common Shares
Direct
Shares
−2.31K
Price / share
$109.60
Trade value
$253.40K
% of position
4.1%
11/15/2025
57.03K→54.72K
Total
Net shares
+2.61K
Net value
-$253.40K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Shares Direct | 11/15/2025 | M · Option Exercise | +4.92K | — | — | 9.4% | 52.11K | 57.03K |
| Common Shares Direct | 11/15/2025 | F · Tax Withholding | −2.31K | $109.60 | $253.40K | 4.1% | 57.03K | 54.72K |
| Total | +2.61K | -$253.40K | ||||||
Derivative Transactions3
Restricted Stock Unit
Direct
Converts to
Common Shares
1.96K shares
Shares
−1.96K
Strike price
Held after
3.93K
Exercisable
—
11/15/2025
Restricted Stock Unit
Direct
Converts to
Common Shares
1.76K shares
Shares
−1.76K
Strike price
Held after
10.54K
Exercisable
—
11/15/2025
Restricted Stock Unit
Direct
Converts to
Common Shares
1.20K shares
Shares
−1.20K
Strike price
Held after
12K
Exercisable
—
11/15/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Shares1.96K shares | 11/15/2025 | M · Option Exercise | −1.96K | — | 3.93K | |
| Restricted Stock Unit Direct | Common Shares1.76K shares | 11/15/2025 | M · Option Exercise | −1.76K | — | 10.54K | |
| Restricted Stock Unit Direct | Common Shares1.20K shares | 11/15/2025 | M · Option Exercise | −1.20K | — | 12K |