MICHAEL A. WERDANN - 18 Jul 2023 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
SVP, World Wide Sales
Signature
/s/ Andrew W. Kim, Attorney in Fact
Issuer symbol
NTGR
Transactions as of
18 Jul 2023
Net transactions value
$0
Form type
4
Filing time
19 Jul 2023, 14:07:23 UTC
Previous filing
03 May 2023
Next filing
02 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Award $0 +6,250 +11% $0.000000 64,667 18 Jul 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding NTGR Employee Stock Option (Right to Buy) 16 18 Jul 2023 Common Stock 16 $18.58 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 41 18 Jul 2023 Common Stock 41 $23.48 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 821 18 Jul 2023 Common Stock 821 $25.37 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 18,000 18 Jul 2023 Common Stock 18,000 $41.67 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 13,750 18 Jul 2023 Common Stock 13,750 $26.61 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This PSU shall vest 100% on July 31, 2026 (contingent on meeting specific performance criteria).
F2 25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
F3 This Option shall be exercisable, in whole or in part, in accordance with the following schedule: 25% of the Shares subject to the Option shall vest twelve months after the Vesting Start Date, and 1/48 of the Shares subject to the Option shall vest each month thereafter, subject to the Optionee continuing to be a Service Provider on such dates.
F4 This Option shall be exercisable, in whole or in part, in accordance with the following schedule: 25% of the Shares subject to the Option shall vest twelve months after the Vesting Start Date, June 1, 2017, and 1/48 of the Shares subject to the Option shall vest each month thereafter, subject to the Optionee continuing to be a Service Provider on such dates.