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Filing Details

Accession Number:: 0000950170-24-054318
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-05-07 14:20:17
Reporting Period:: 2024-05-06

Accepted Time:: 2024-05-07 14:20:17
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
1274461	A Michael Werdann	350 E. Plumeria Dr. San Jose CA 95134	Chief Revenue Officer	No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2024-05-06	9,244	$12.15	79,668	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Option (Right to Buy)	$18.58	2025-06-02	16	16	Direct
Common Stock	Employee Stock Option (Right to Buy)	$23.48	2026-03-24	41	41	Direct
Common Stock	Employee Stock Option (Right to Buy)	$25.37	2027-06-01	821	821	Direct
Common Stock	Employee Stock Option (Right to Buy)	$41.67	2028-01-25	18,000	18,000	Direct
Common Stock	Employee Stock Option (Right to Buy)	$26.61	2029-07-19	13,750	13,750	Direct
Common Stock	Performance Restricted Units	$0.00		12,500	12,500	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2025-06-02	16	16	Direct
2026-03-24	41	41	Direct
2027-06-01	821	821	Direct
2028-01-25	18,000	18,000	Direct
2029-07-19	13,750	13,750	Direct
	12,500	12,500	Direct

Footnotes

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 September 8, 2023.
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.
25% of the option grant is exercisable on 6/2/2016, 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.
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.