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Filing Details

Accession Number:: 0000950170-24-067055
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-05-31 12:27:31
Reporting Period:: 2024-05-30

Accepted Time:: 2024-05-31 12:27:31
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
1771750	Heidi Cormack	350 E. Plumeria Dr. San Jose CA 95134	Chief Marketing 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	2024-05-30	4,687	$13.52	83,611	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)	$41.67	2028-01-25	25,253	25,253	Direct
Common Stock	Common Stock	$26.61	2029-07-19	54,577	54,577	Direct
Common Stock	Performance Restricted Units	$0.00		10,000	10,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2028-01-25	25,253	25,253	Direct
2029-07-19	54,577	54,577	Direct
	10,000	10,000	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 February 12, 2024.
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.
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.
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
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.