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NETGEAR, INC. — Director's Dealing 2025
Feb 3, 2025
32299_dirs_2025-02-03_10dd8e1a-f033-4ab7-997a-3c869a9ce126.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: 2025-01-31
Reporting Person: Prober Charles J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | Common Stock | M | 115733 | — | Acquired | 571553 | Direct |
| 2025-01-31 | Common Stock | F | 115733 | $27.65 | Disposed | 455820 | Direct |
| 2025-01-31 | Common Stock | M | 52661 | $27.65 | Disposed | 404866 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-31 | Performance Restricted Units | $ | M | 115733 | Disposed | Common Stock (455820) | Direct |
Footnotes
F1: Performance-Based RSUs ("PRSUs") granted under 2024 Inducement Plan
F2: RSUs granted under 2024 Inducement Plan
F3: This includes 1707 ESPP shares purchased.
F4: 1/3rd of the PSUs will be allocated to a Performance Period (PP) beginning on the date that Participant commenced employment with the Company and ending on December 31, 2024; 1/3rd of the PSUs will be allocated to a PP beginning on January 1, 2025, and ending on December 31, 2025; and 1/3rd of the PSUs will be allocated to a PP on January 1, 2026, and ending on December 31, 2026 based upon the level of achievement of the performance-based vesting condition set forth in the Performance Matrix during the applicable Performance Period or Adjusted Performance Period, or (ii) pursuant to the "True-Up" section in the Performance Matrix. 100% of the Eligible PSUs (if any) for each Tranche will vest on the anniversary of the Vesting Commencement Date that immediately follows the end of the Performance Period that relates to that Tranche, provided that Participant continues to be a Service Provider through that Vesting Date.