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Form 8-K · Current Report · Filed 2024-09-12

NetApp Approves Equity Plan Amendment and Elects New Board Members

On September 11, 2024, NetApp, Inc.'s stockholders approved an amendment to the Company's 2021 Equity Incentive Plan to increase the share reserve by 3,250,000 shares.

Filer
NetApp Inc. NTAP · NASDAQ
Filed
Accession
0000950170-24-105928
CIK
0001002047
Signal
High impactTechnology

Details

The amendment was subject to and received stockholder approval at the Company's annual meeting. Additionally, during the Annual Meeting, NetApp's stockholders elected nine individuals to the Board of Directors. The proposal to approve an advisory vote on Named Executive Officer compensation and the ratification of Deloitte & Touche LLP as the Company's independent registered public accounting firm were also approved by the stockholders.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Key Executive Appointment
Item 5.07

Submission of Matters to a Vote of Security Holders

Equity Plan Approved Director Elections Results
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$115.65

Next session

+1.4%

Since filing

+54.3%

Latest close

$178.50

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from NTAP reporting the same item, with the next session's move:

Exhibits (1)

About NetApp Inc.

NetApp Inc. is a leading provider of cloud data services and data management solutions worldwide. Specializing in data storage systems, the company helps organizations harness the full potential of their data in the cloud and in the data center environments. NetApp's portfolio includes cloud integration, data storage hardware, and software-defined storage services designed to simplify and optimize data management for businesses of all sizes. Serving industries such as technology, healthcare, financial services, and more, NetApp empowers its clients to store, manage, and analyze data efficiently, enhancing their competitive edge. The company's innovative solutions support both private and public cloud infrastructures, making it a significant player in the rapidly evolving cloud computing market. Founded in 1992 and headquartered in Sunnyvale, California, NetApp contributes substantially to the digital transformation journey of enterprises, highlighting its role in facilitating agile and secure data operations.

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