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NETGEAR, INC. Director's Dealing 2024

May 31, 2024

32299_dirs_2024-05-31_b1373dc2-9fef-4c1b-9785-31fc1d151575.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: NETGEAR, INC. (NTGR)
CIK: 0001122904
Period of Report: 2024-05-06

Reporting Person: WERDANN MICHAEL A (N/A)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 79668 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) $23.48 2026-03-24 Common Stock (41) 41 Direct
Employee Stock Option (Right to Buy) $25.37 2027-06-01 Common Stock (821) 821 Direct
Employee Stock Option (Right to Buy) $41.67 2028-01-25 Common Stock (18000) 18000 Direct
Employee Stock Option (Right to Buy) $26.61 2029-07-19 Common Stock (13750) 13750 Direct
Performance Restricted Units $ Common Stock (12500) 12500 Direct

Footnotes

F1: For the RSUs with a commencement date of April 30, 2024, One-third (1/3rd) of the RSUs will vest on the one-year anniversary of the vesting commencement date, and one-twelfth (1/12th) of the RSUs will vest each quarter thereafter on the quarterly anniversary of the vesting commencement date (or if there is no corresponding day, on the last day of the quarter), provided that Participant (as defined in the Plan) continues to be a Service Provider (as defined in the Plan) through such date.

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.

F5: PSUs will become eligible to vest ("Eligible PSUs") based upon the level of achievement of the performance-based vesting condition set forth in the Performance Matrix (the "Performance Goal") during the performance period beginning on Grant Date and ending on December 31, 2026 (the "Performance Period") or Adjusted Performance Period (as defined below).
100% of the Eligible PSUs (if any) will vest on the three-year anniversary of the Grant Date (the "Vesting Date"), provided that Participant continues to be a Service Provider through the Vesting Date; provided, however, that the vesting of the Eligible PSUs may be accelerated pursuant to (i) Section 16(c) of the Plan and (ii) the Change in Control and Severance Agreement by and between the Company and Participant (the "Severance Agreement"). In no event shall any Eligible PSUs vest following termination of Participant's status as a Service Provider, except pursuant to the Severance Agreement.