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NETGEAR, INC. — Director's Dealing 2019
Apr 2, 2019
32299_dirs_2019-04-02_c872df66-c8ae-424f-b126-7fd374e4fd99.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: 2019-03-31
Reporting Person: LO PATRICK CS (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-31 | Common Stock | F | 3719 | $33.12 | Disposed | 196283 | Direct |
| 2019-04-01 | Common Stock | M | 8277 | $20.98 | Acquired | 204560 | Direct |
| 2019-04-01 | Common Stock | M | 3311 | $19.69 | Acquired | 207871 | Direct |
| 2019-04-01 | Common Stock | S | 8277 | $33.75 | Disposed | 199594 | Direct |
| 2019-04-01 | Common Stock | S | 3311 | $33.76 | Disposed | 196283 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-04-01 | Employee Stock Option (Right to Buy) | $20.98 | M | 8277 | Disposed | 2021-02-03 | Common Stock (8277.0) | Direct |
| 2019-04-01 | Employee Stock Option (Right to Buy) | $19.69 | M | 3311 | Disposed | 2021-04-26 | Common Stock (3311.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 147668 | Indirect |
| Common Stock | 120048 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 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 education trusts of Mr. Lo's children. Mr. Lo is a co-trustee of each such trust.
F2: The shares are held by the Patrick and Emily Lo Revocable Trust dated 4-7-99.
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 August 14, 2018.
F4: 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.
F5: 25% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
F6: 25% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
F7: 25% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.
F8: 25% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
F9: 25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
F10: 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.
F11: 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.