Filing Details
- Accession Number:
- 0001122904-17-000203
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-06-05 20:00:03
- Reporting Period:
- 2017-06-01
- Filing Date:
- 2017-06-05
- Accepted Time:
- 2017-06-05 20:00:03
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1122904 | Netgear Inc | NTGR | Telephone & Telegraph Apparatus (3661) | 770419172 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1257008 | Cs Patrick Lo | Netgear, Inc. 350 E. Plumeria Dr. San Jose CA 95134 | Chairman And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2017-06-01 | 5,900 | $28.79 | 151,549 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-06-01 | 5,900 | $42.43 | 145,649 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-06-01 | 40,000 | $0.00 | 185,649 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2017-06-03 | 3,262 | $43.35 | 182,387 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2017-06-01 | 5,900 | $0.00 | 5,900 | $28.79 |
| Common Stock | Employee Stock Option (Right to Buy) | Acquisiton | 2017-06-01 | 115,000 | $0.00 | 115,000 | $42.70 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 35,100 | 2018-01-11 | No | 4 | M | Direct | |
| 115,000 | 2027-06-01 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 123,365 | Indirect | See footnote |
| Common Stock | 147,668 | Indirect | See footnote |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | $11.41 | 2019-01-16 | 70,000 | 70,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $21.10 | 2020-02-02 | 100,000 | 100,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $20.80 | 2020-06-13 | 40,000 | 40,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $35.32 | 2021-02-03 | 100,000 | 100,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $33.15 | 2021-04-26 | 40,000 | 40,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $31.31 | 2022-06-06 | 100,000 | 100,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $32.54 | 2023-05-16 | 108,510 | 108,510 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $32.52 | 2024-06-03 | 100,000 | 100,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $31.28 | 2025-06-02 | 100,000 | 100,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $39.53 | 2026-03-24 | 115,000 | 115,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2019-01-16 | 70,000 | 70,000 | Direct |
| 2020-02-02 | 100,000 | 100,000 | Direct |
| 2020-06-13 | 40,000 | 40,000 | Direct |
| 2021-02-03 | 100,000 | 100,000 | Direct |
| 2021-04-26 | 40,000 | 40,000 | Direct |
| 2022-06-06 | 100,000 | 100,000 | Direct |
| 2023-05-16 | 108,510 | 108,510 | Direct |
| 2024-06-03 | 100,000 | 100,000 | Direct |
| 2025-06-02 | 100,000 | 100,000 | Direct |
| 2026-03-24 | 115,000 | 115,000 | Direct |
Footnotes
- The shares are held by the Patrick and Emily Lo Revocable Trust dated 4-7-99.
- The shares are held by the education trusts of Mr. Lo's children. Mr. Lo is a co-trustee of each such trust.
- 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 May 12, 2016
- The price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold. Upon request from the Commission staff, the Issuer, or a security holders of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- Shares represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. 25% of the units will cliff vest on each anniversary of the Vesting Start Date, June 30, 2017, subject to the recipient continuing to be a Service Provider on such dates.
- 25% of the option grant is exercisable on 1/11/2009, and 1/48 of the option grant is exercisable each month thereafter.
- 25% of the option grant is exercisable on 1/16/2010, and 1/48 of the option grant is exercisable each month thereafter.
- 25% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter.
- 25% of the shares subject to the option shall vest twelve months on 6/13/2011, and 1/48th 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.
- 25% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
- 25% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
- 25% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.
- 25% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
- 25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
- 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.
- 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.
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