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NETGEAR, INC. — Director's Dealing 2019
May 31, 2019
32299_dirs_2019-05-31_defecd7f-46db-495b-9136-dd07cae3cc31.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: 2019-05-30
Reporting Person: ROSSMAN GREGORY J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-30 | Common Stock | A | 7898 | — | Acquired | 38826 | Direct |
| 2019-05-30 | Common Stock | M | 1787 | $14.75 | Acquired | 40613 | Direct |
| 2019-05-30 | Common Stock | S | 1787 | $25.28 | Disposed | 38826 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-30 | Director Stock Option (right to buy) | $14.75 | M | 1787 | Disposed | 2019-06-02 | Common Stock (1787.0) | Direct |
Footnotes
F1: Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock, which will vest 100% on the date of the 2019 annual meeting of stockholders (but not less than 50 weeks from the date of grant), provided that such individual continues to serve as a member of the board of directors of NETGEAR, Inc. until such date.
F2: 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 25, 2019.
F3: The option was granted under the NETGEAR, Inc. 2006 Long-Term Incentive Plan. The option becomes exercisable in full on the date of the Issuer's 2010 Annual Meeting of Stockholders.