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NETGEAR, INC. — Director's Dealing 2017
Apr 4, 2017
32299_dirs_2017-04-04_925d9b00-2534-4f19-bd59-2597afe6fda2.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: 2017-03-31
Reporting Person: WERDANN MICHAEL A (SVP of Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-31 | Common Stock | F | 431 | $49.55 | Disposed | 23069 | Direct |
| 2017-04-04 | Common Stock | S | 819 | $48.50 | Disposed | 22250 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $32.54 | 2023-05-06 | Common Stock (1125.0) | 1125 | Direct |
| Employee Stock Option (Right to Buy) | $32.52 | 2024-06-03 | Common Stock (6000.0) | 6000 | Direct |
| Employee Stock Option (Right to Buy) | $31.28 | 2025-06-02 | Common Stock (10500.0) | 10500 | Direct |
| 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 May 10, 2016
F2: 25% of the option grant is exercisable on 5/6/2014, and 1/48 of the option grant is exercisable each month thereafter.
F3: 25% of the option grant is exercisable on 6/3/2015, and 1/48 of the option grant is exercisable each month thereafter.
F4: 25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
F5: 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.