Filing Details
- Accession Number:
- 0001181431-11-059699
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2011-12-09 18:26:21
- Reporting Period:
- 2011-01-04
- Filing Date:
- 2011-12-09
- Accepted Time:
- 2011-12-09 18:26:21
- Original Submission Date:
- 2011-01-06
- 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 | Disposition | 2011-01-04 | 1,358 | $35.50 | 33,532 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 44,183 | Indirect | See footnote |
| Common Stock | 41,939 | Indirect | See footnote |
| Common Stock | 197,661 | 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) | $15.35 | 2015-03-11 | 75,458 | 75,458 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $22.68 | 2016-05-23 | 100,000 | 100,000 | Direct | |
| Common Stock | Employee Stock Option (Right to Buy) | $29.23 | 2017-01-12 | 100,000 | 100,000 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 5,000 | 5,000 | Direct | ||
| Common Stock | Employee Stock Option (Right to Buy) | $28.79 | 2018-01-11 | 100,000 | 100,000 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 10,000 | 10,000 | Direct | ||
| Common Stock | Employee Stock Option (Right to Buy) | $11.41 | 2019-01-16 | 100,000 | 100,000 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 15,000 | 15,000 | 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 |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2015-03-11 | 75,458 | 75,458 | Direct |
| 2016-05-23 | 100,000 | 100,000 | Direct |
| 2017-01-12 | 100,000 | 100,000 | Direct |
| 5,000 | 5,000 | Direct | |
| 2018-01-11 | 100,000 | 100,000 | Direct |
| 10,000 | 10,000 | Direct | |
| 2019-01-16 | 100,000 | 100,000 | Direct |
| 15,000 | 15,000 | Direct | |
| 2020-02-02 | 100,000 | 100,000 | Direct |
| 2020-06-13 | 40,000 | 40,000 | 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.
- 25% of the option grant is exercisable on 5/23/2007, and 1/48 of the option grant is exercisable each month thereafter.
- Converts to common stock on a one for one basis.
- Not applicable.
- 25% of the option grant is exercisable on 1/12/2008, and 1/48 of the option grant is exercisable each month thereafter.
- Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/12/2007, the vest start date, so that all of the units will have vested on 1/12/2011.
- 25% of the option grant is exercisable on 1/11/2009, and 1/48 of the option grant is exercisable each month thereafter.
- Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/11/2008, the vest start date, so that all of the units will have vested on 1/11/2012.
- 25% of the option grant is exercisable on 1/16/2010, and 1/48 of the option grant is exercisable each month thereafter.
- Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/16/2009, the vesting start date, so that all of the units will have vested on 1/16/2013.
- The shares are held by the Patrick C.S. Lo 2009 Grantor Retained Annuity Trust.
- 25% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter.
- 100% of this option grant is exercisable on 3/11/05, the grant date. Shares underlying the option are restricted from transfer, with the restriction lapsing with respect to 25% of the shares on each subsequent anniversary of the grant date, so that all underlying shares will be free from transfer restrictions on 3/11/09.
- 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.
- This Form 4 Amendment is being filed to correct the reporting of the transaction. The original Form 4 filed on January 6, 2011 reported an exercise and sale transaction, where (a) options to purchase 1,358 shares were exercised at $15.35 per share and (b) 1,358 shares were sold at $35.50 per share. The original Form 4 incorrectly reported the exercise portion of the transaction, as no such exercise was completed. This Form 4 Amendment correctly reports the sale of the 1,358 shares only, with no exercise of options. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 10, 2010.
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