-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DumacRWm5z9QyiAAmU0kHEOgNE04CsugS0+iAWEkYQNOquHY2DfeP1bGun2FwHZe V81DMoqXzhfN/9KOdZshvQ== 0001299933-07-004981.txt : 20070817 0001299933-07-004981.hdr.sgml : 20070817 20070817163609 ACCESSION NUMBER: 0001299933-07-004981 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070813 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20070817 DATE AS OF CHANGE: 20070817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NETWORK APPLIANCE INC CENTRAL INDEX KEY: 0001002047 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572] IRS NUMBER: 770307520 STATE OF INCORPORATION: CA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27130 FILM NUMBER: 071065582 BUSINESS ADDRESS: STREET 1: 495 EAST JAVA DR CITY: SUNNYVALE STATE: CA ZIP: 94089 BUSINESS PHONE: 4088226000 MAIL ADDRESS: STREET 1: 495 EAST JAVA DR CITY: SUNNYVALE STATE: CA ZIP: 94089 8-K 1 htm_22219.htm LIVE FILING Network Appliance Inc. (Form: 8-K)  

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   August 13, 2007

Network Appliance Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 0-27130 77-0307520
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
495 East Java Drive, Sunnyvale, California   94089
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (408) 822-6000

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01 Entry into a Material Definitive Agreement.

On August 13, 2007, Network Appliance, Inc (the "Registrant") entered into a Purchase Agreement ("Agreement") with Merrill Lynch, Pierce, Fenner & Smith Inc. ("the Purchaser") relating to a private sale of shares of common stock of Blue Coat Systems, Inc. ("Blue Coat").

Subject to terms of the Agreement, the Registrant agreed to sell to the Purchaser 360,000 shares of Common Stock of Blue Coat ("Shares") for a final price per share based on a discount to the volume weighted average price ("VWAP") of Blue Coat’s common stock over a specified period of time. The Registrant agreed to deliver the Shares to the Purchaser on or around August 16, 2007. The Purchaser will pay the purchase price to the Registrant on or around August 17, 2007. The net proceeds from the sale of Shares will be approximately $18,256,000, after deducting the Purchaser’s discounts.

The foregoing description of the agreement does not purport to be complete and is qualified in its entirety by the terms and cond itions of the Purchase Agreement, which will be filed as an exhibit to the Registrant’s Quarterly Report on Form 10-Q for the period ending October 26, 2007.





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    Network Appliance Inc.
          
August 17, 2007   By:   /s/ Steven J. Gomo
       
        Name: Steven J. Gomo
        Title: Executive Vice President of Finance and Chief Financial Officer
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