Mark G. Merrill - Sep 29, 2023 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
CTO
Signature
/s/ Andrew W. Kim, Attorney in Fact
Stock symbol
NTGR
Transactions as of
Sep 29, 2023
Transactions value $
-$110,868
Form type
4
Date filed
10/2/2023, 08:50 PM
Previous filing
Aug 2, 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 -$111K -8.81K -13.59% $12.59 56K Sep 29, 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) 13 Sep 29, 2023 Common Stock 13 $19.32 Direct F1
holding NTGR Employee Stock Option (Right to Buy) 88 Sep 29, 2023 Common Stock 88 $18.58 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 3.17K Sep 29, 2023 Common Stock 3.17K $23.48 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 17.7K Sep 29, 2023 Common Stock 17.7K $25.37 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 25K Sep 29, 2023 Common Stock 25K $41.67 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 37.5K Sep 29, 2023 Common Stock 37.5K $26.61 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mark G. Merrill is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 25% of the options will be exercisable on 6/03/2015, 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.