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NETGEAR, INC. — Director's Dealing 2018
Aug 1, 2018
32299_dirs_2018-08-01_3e225466-7b84-401b-8cc4-5cde968e1b28.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: 2018-08-01
Reporting Person: LO PATRICK CS (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-01 | Common Stock | M | 4000 | $11.41 | Acquired | 207279 | Direct |
| 2018-08-01 | Common Stock | M | 7142 | $21.10 | Acquired | 214421 | Direct |
| 2018-08-01 | Common Stock | M | 2857 | $20.80 | Acquired | 217278 | Direct |
| 2018-08-01 | Common Stock | S | 4000 | $64.07 | Disposed | 213278 | Direct |
| 2018-08-01 | Common Stock | S | 7142 | $64.05 | Disposed | 206136 | Direct |
| 2018-08-01 | Common Stock | S | 2857 | $64.14 | Disposed | 203279 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-01 | Employee Stock Option (Right to Buy) | $11.41 | M | 4000 | Disposed | 2019-01-16 | Common Stock (4000.0) | Direct |
| 2018-08-01 | Employee Stock Option (Right to Buy) | $21.1 | M | 7142 | Disposed | 2020-02-02 | Common Stock (7142.0) | Direct |
| 2018-08-01 | Employee Stock Option (Right to Buy) | $20.8 | M | 2857 | Disposed | 2020-06-13 | Common Stock (2857.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 120048 | Indirect |
| Common Stock | 147668 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $35.32 | 2021-02-03 | Common Stock (100000.0) | 100000 | Direct |
| Employee Stock Option (Right to Buy) | $33.15 | 2021-04-26 | Common Stock (40000.0) | 40000 | Direct |
| Employee Stock Option (Right to Buy) | $31.31 | 2022-06-06 | Common Stock (100000.0) | 100000 | Direct |
| Employee Stock Option (Right to Buy) | $32.54 | 2023-05-16 | Common Stock (108510.0) | 108510 | Direct |
| Employee Stock Option (Right to Buy) | $32.52 | 2024-06-03 | Common Stock (100000.0) | 100000 | Direct |
| Employee Stock Option (Right to Buy) | $31.28 | 2025-06-02 | Common Stock (100000.0) | 100000 | Direct |
| Employee Stock Option (Right to Buy) | $39.53 | 2026-03-24 | Common Stock (115000.0) | 115000 | Direct |
| Employee Stock Option (Right to Buy) | $42.7 | 2027-06-01 | Common Stock (115000.0) | 115000 | Direct |
| Common Stock | $70.15 | 2028-01-25 | Common Stock (115000.0) | 115000 | Direct |
Footnotes
F1: The shares are held by the Patrick and Emily Lo Revocable Trust dated 4-7-99.
F2: The shares are held by the education trusts of Mr. Lo's children. Mr. Lo is a co-trustee of each such trust.
F3: 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 9, 2017.
F4: 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 July 28, 2017.
F5: The price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold. Upon request from the Commission staff, the Issuer, or a security holders of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
F6: 25% of the option grant is exercisable on 1/16/2010, and 1/48 of the option grant is exercisable each month thereafter.
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: 25% of the shares subject to the option shall vest twelve months on 6/13/2011, and 1/48th 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.
F9: 25% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
F10: 25% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
F11: 25% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.
F12: 25% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
F13: 25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
F14: 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.
F15: 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.