LAU JAMES K 4

4 · NETWORK APPLIANCE INC · Filed Jun 24, 2005

Form 4

Period: 2005-06-22

Executive Vice President,

Transactions

Exercise/Conversion
Common Stock
2005-06-22$11.25/sh+100,000$1,125,000→ 4,513,573 total(indirect: By Trust)
Sale
Common Stock
2005-06-23$30.05/sh−50,000$1,502,500→ 4,463,573 total(indirect: By Trust)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-06-22−100,000→ 278,524 total
Exercise: $11.25Exp: 2009-05-24→ Common Stock (100,000 underlying)

Holdings

Footnotes (7)

[F1]Shares held in trust by James K. Lau and Katherine S. Lau, trustees to the KNSK Trust UDT 9/18/00
[F2]The sale prices for the reported transaction were in a range of $30.00 to $30.11 per share.
[F3]Shares held in grantor retained annuity trust by Nextgen-K1 Trust U/I DTD Jan 30 2003, James K. Lau, Trustee
[F4]Shares held in grantor retained annuity trust by Nextgen-J1 Trust U/I DTD Jan 30 2003, James K. Lau, Trustee
[F5]Shares held in trust by Koon H. Lau, trustee to The Jason A. Lau 1998 Trust. Reporting person disclaims beneficial ownership of such shares.
[F6]Shares held in trust by Koon H. Lau, trustee to The Jonathan A. Lau 1998 Trust. Reporting person disclaims beneficial ownership of such shares.
[F7]Option vests with respect to 25% of the option shares on the first anniversary of the grant date and the balance in a series of equal monthly installments over the next 36 months of service thereafter.

Documents

1 file