Michael F. Falcon - Apr 30, 2024 Form 4/A Insider Report for NETGEAR, INC. (NTGR)

Role
Chief Operations Officer
Signature
/s/ Andrew Kim
Stock symbol
NTGR
Transactions as of
Apr 30, 2024
Transactions value $
$0
Form type
4/A
Date filed
5/31/2024, 01:35 PM
Date Of Original Report
May 2, 2024
Previous filing
Apr 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NTGR Common Stock 134K Apr 30, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding NTGR Employee Stock Option (Right to Buy) 6.27K Apr 30, 2024 Common Stock 6.27K $18.58 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 56 Apr 30, 2024 Common Stock 56 $23.48 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 1.7K Apr 30, 2024 Common Stock 1.7K $25.37 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 6.38K Apr 30, 2024 Common Stock 6.38K $41.67 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 21.9K Apr 30, 2024 Common Stock 21.9K $26.61 Direct F2
holding NTGR Performance Restricted Units 10K Apr 30, 2024 Common Stock 10K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael F. Falcon is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 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.
F2 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.
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, 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
F4 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.