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NETGEAR, INC. — Director's Dealing 2019
Feb 7, 2019
32299_dirs_2019-02-07_c2fc3b67-dc10-46d9-9af9-b3eb0b54211e.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: 2019-02-05
Reporting Person: WERDANN MICHAEL A (SVP of Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-05 | Common Stock | S | 765 | $38.83 | Disposed | 23047 | Direct |
| 2019-02-05 | Common Stock | M | 744 | $31.28 | Acquired | 23791 | Direct |
| 2019-02-05 | Common Stock | M | 744 | $42.70 | Acquired | 24535 | Direct |
| 2019-02-05 | Common Stock | M | 744 | $39.53 | Acquired | 25279 | Direct |
| 2019-02-05 | Common Stock | S | 2232 | $38.83 | Disposed | 23047 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-05 | Employee Stock Option (Right to Buy) | $31.28 | M | 744 | Disposed | 2025-06-02 | Common Stock (744.0) | Direct |
| 2019-02-05 | Employee Stock Option (Right to Buy) | $39.53 | M | 744 | Disposed | 2026-03-24 | Common Stock (744.0) | Direct |
| 2019-02-05 | Director Stock Option (right to buy) | $42.7 | M | 744 | Disposed | 2027-06-01 | Common Stock (744.0) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Common Stock | $70.15 | 2028-01-25 | 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 October 27, 2017.
F2: 25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
F3: 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.
F4: 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.