MICHAEL A. WERDANN - 31 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
31 Jul 2023
Net transactions value
-$40,688
Form type
4
Filing time
02 Aug 2023, 13:17:29 UTC
Previous filing
19 Jul 2023
Next filing
03 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 Tax liability $40,688 -2,983 -4.6% $13.64 61,684 31 Jul 2023 Direct

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 31 Jul 2023 Common Stock 16 $18.58 Direct F1
holding NTGR Employee Stock Option (Right to Buy) 41 31 Jul 2023 Common Stock 41 $23.48 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 821 31 Jul 2023 Common Stock 821 $25.37 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 18,000 31 Jul 2023 Common Stock 18,000 $41.67 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 13,750 31 Jul 2023 Common Stock 13,750 $26.61 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
F2 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.
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, 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.