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NETGEAR, INC. — Director's Dealing 2020
Aug 20, 2020
32299_dirs_2020-08-20_50d5367a-0d38-4473-b6aa-504cd48a19fb.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: 2020-08-18
Reporting Person: WERDANN MICHAEL A (SVP, World Wide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-18 | Common Stock | M | 745 | $23.48 | Acquired | 43211 | Direct |
| 2020-08-18 | Common Stock | M | 745 | $23.48 | Acquired | 42466 | Direct |
| 2020-08-18 | Common Stock | M | 745 | $23.48 | Acquired | 41721 | Direct |
| 2020-08-18 | Common Stock | M | 373 | $23.48 | Acquired | 40976 | Direct |
| 2020-08-18 | Common Stock | S | 2608 | $33.48 | Disposed | 40603 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-18 | Employee Stock Option (Right to Buy) | $23.48 | M | 2608 | Disposed | 2026-03-24 | Common Stock (2608) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $18.58 | 2025-06-02 | Common Stock (16) | 16 | Direct |
| Employee Stock Option (Right to Buy) | $25.37 | 2027-06-01 | Common Stock (7898) | 7898 | Direct |
| Employee Stock Option (Right to Buy) | $70.16 | 2028-01-25 | Common Stock (18000) | 18000 | Direct |
| Employee Stock Option (Right to Buy) | $26.61 | 2029-07-19 | Common Stock (30000) | 30000 | 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 August 29, 2019.
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.