Key facts
- This page summarizes Michael A. Werdann's Form 4 filing for NETGEAR, INC. (NTGR).
- 1 reported transaction and 6 derivative rows are listed below.
- Accepted by SEC: 29 Apr 2024, 13:36.
Michael A. Werdann - 27 Apr 2024 Form 4 Insider Report for NETGEAR, INC. (NTGR)
- Reporting relationship
- Chief Revenue Officer
- Issuer ticker
- NTGR
- Reported as of
- 27 Apr 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 29 Apr 2024, 13:36:37 UTC
- Prior SEC filing
- 03 Aug 2023
- Next SEC filing
- 02 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Andrew Kim
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael A. Werdann filed Form 4 for NETGEAR, INC. (NTGR) on 29 Apr 2024.
Change
- Previous filing in this sequence was filed on 03 Aug 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NTGR
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +37,500
- Change %
- +67%
- Price
- $0.000000
- Shares after
- 93,730
- Date
- 27 Apr 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NTGR
holding
Derivative
Employee Stock Option (Right to Buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 16
- Date
- 27 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 16
- Exercise price
- $18.58
- Footnotes
- F2
NTGR
holding
Derivative
Employee Stock Option (Right to Buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 41
- Date
- 27 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 41
- Exercise price
- $23.48
- Footnotes
- F3
NTGR
holding
Derivative
Employee Stock Option (Right to Buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 821
- Date
- 27 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 821
- Exercise price
- $25.37
- Footnotes
- F4
NTGR
holding
Derivative
Employee Stock Option (Right to Buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 18,000
- Date
- 27 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 18,000
- Exercise price
- $41.67
- Footnotes
- F3
NTGR
holding
Derivative
Employee Stock Option (Right to Buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 13,750
- Date
- 27 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 13,750
- Exercise price
- $26.61
- Footnotes
- F3
NTGR
holding
Derivative
Performance Restricted Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 12,500
- Date
- 27 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,500
- Exercise price
- Footnotes
- F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
One-third (1/3rd) of the RSUs will vest on the one-year anniversary of the Grant Date, and one-twelfth (1/12th) of the RSUs will vest each quarter thereafter on the quarterly anniversary of the Grant 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.
Footnote F2
25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
Footnote F3
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.
Footnote F4
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.
Footnote F5
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.