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NETGEAR, INC. — Director's Dealing 2025
May 2, 2025
32299_dirs_2025-05-02_a3dd9dbd-262d-4d7b-834a-93e1f9c4e9a9.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: 2025-01-29
Reporting Person: Bryan Murray (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-29 | Common Stock | A | 6671 | — | Acquired | 199703 | Direct |
| 2025-04-30 | Common Stock | F | 3388 | $24.12 | Disposed | 196315 | Direct |
| 2025-04-30 | Common Stock | F | 14699 | $24.12 | Disposed | 181616 | Direct |
| 2025-05-02 | Common Stock | S | 975 | $27.52 | Disposed | 180641 | Direct |
| 2025-05-02 | Common Stock | S | 1696 | $28.42 | Disposed | 178945 | Direct |
Footnotes
F1: Reflects the number of Performance-Based Restricted Stock Units ("PRSUs"), each representing a contingent right to receive one share of the Issuer's common stock, granted under the Company's 2016 Equity Incentive Plan and earned upon the certification of achievement of certain performance criteria by the Issuer's compensation committee, which vested in full on April 30, 2025.
F2: Represents the number of shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of PRSUs granted under the Company's 2016 Equity Plan.
F3: Represents the number of shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units granted under the Company's 2016 Equity Incentive Plan.
F4: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on December 13, 2024 to cover expected tax liability associated with the vesting of Issuer equity awards.
F5: The price reported in Column 4 of Table I represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $27.14 to $28.09, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (5) to this Form 4.
F6: The price reported in Column 4 of Table I represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $28.285 to $28.62, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4.