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NETGEAR, INC. — Director's Dealing 2010
Nov 8, 2010
32299_dirs_2010-11-08_105dba5b-8d03-439e-a2fc-51696cbee1f2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NETGEAR, INC (NTGR)
CIK: 0001122904
Period of Report: 2010-11-04
Reporting Person: MERRILL MARK G (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-11-04 | Common Stock | S | 3001 | $31.4786 | Disposed | 7544 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (1750) | 1750 | Direct | |
| Restricted Stock Units | $ | Common Stock (1500) | 1500 | Direct | |
| Employee Stock Option (Right to Buy) | $6.00 | 2012-10-30 | Common Stock (2001) | 2001 | Direct |
| Restricted Stock Units | $ | Common Stock (2250) | 2250 | Direct | |
| Employee Stock Option (Right to Buy) | $21.10 | 2020-02-02 | Common Stock (6000) | 6000 | Direct |
Footnotes
F1: This stock option was granted under the NETGEAR, Inc. 2000 Option Plan on October 30, 2002 and is fully vested and exercisable at this time.
F2: Converts to common stock on a one for one basis.
F3: Not applicable.
F4: Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/12/2007, the vest start date, so that all of the units will have vested on 1/12/2011.
F5: Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/11/2008, the vest start date, so that all of the units will have vested on 1/11/2012.
F6: Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/16/2009, the vesting start date, so that all of the units will have vested on 1/16/2013.
F7: 25% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter.
F8: The sale price reported in Column 4 of Table I represents the weighted average sale price of the shares sold ranging from $31.45 to $31.50 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.