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NETGEAR, INC. — Director's Dealing 2017
Feb 21, 2017
32299_dirs_2017-02-21_a8739139-ac9b-4150-8ca9-98b54aafc625.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: 2017-02-17
Reporting Person: WERDANN MICHAEL A (SVP of Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-17 | Common Stock | S | 449 | $55.90 | Disposed | 23051 | Direct |
| 2017-02-17 | Common Stock | M | 1125 | $32.54 | Acquired | 24176 | Direct |
| 2017-02-17 | Common Stock | M | 1125 | $32.52 | Acquired | 25301 | Direct |
| 2017-02-17 | Common Stock | M | 1125 | $31.28 | Acquired | 26426 | Direct |
| 2017-02-17 | Common Stock | S | 3375 | $55.90 | Disposed | 23500 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-17 | Employee Stock Option (Right to Buy) | $32.54 | M | 1125 | Disposed | 2023-05-06 | Common Stock (1125.0) | Direct |
| 2017-02-17 | Employee Stock Option (Right to Buy) | $32.52 | M | 1125 | Disposed | 2024-06-03 | Common Stock (1125.0) | Direct |
| 2017-02-17 | Employee Stock Option (Right to Buy) | $31.28 | M | 1125 | Disposed | 2025-06-02 | Common Stock (1125.0) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $39.53 | 2026-03-24 | Common Stock (18000.0) | 18000 | Direct |
Footnotes
F1: The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 8, 2016
F2: Includes 449 shares acquired under the NETGEAR, Inc. Employee Stock Purchase Plan
F3: 25% of the option grant is exercisable on 5/6/2014, and 1/48 of the option grant is exercisable each month thereafter.
F4: 25% of the option grant is exercisable on 6/3/2015, and 1/48 of the option grant is exercisable each month thereafter.
F5: 25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
F6: 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.