Michael A. Werdann - 17 May 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 May 2021, 13:05:47 UTC
Next SEC filing
01 Jul 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Andrew W. Kim, Attorney in Fact
Filing notes and source

Key filing fact

Michael A. Werdann filed Form 4 for NETGEAR, INC. (NTGR) on 19 May 2021.

Key facts

  • This page summarizes Michael A. Werdann's Form 4 filing for NETGEAR, INC. (NTGR).
  • 6 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 19 May 2021, 13:05.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$17,534.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NTGR transaction

Common Stock

Options Exercise

Transaction value
$18,901
Shares
+745
Change %
+2.2%
Price
$25.37
Shares after
34,920
Date
17 May 2021
Ownership
Direct
Footnotes
F1
NTGR transaction

Common Stock

Sale

Transaction value
$23,222
Shares
-745
Change %
-2.1%
Price
$31.17
Shares after
34,175
Date
17 May 2021
Ownership
Direct
Footnotes
F1, F2
NTGR transaction

Common Stock

Options Exercise

Transaction value
$33,262
Shares
+1,250
Change %
+3.7%
Price
$26.61
Shares after
35,425
Date
17 May 2021
Ownership
Direct
Footnotes
F1
NTGR transaction

Common Stock

Sale

Transaction value
$46,475
Shares
-1,250
Change %
-3.5%
Price
$37.18
Shares after
34,175
Date
17 May 2021
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NTGR transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-745
Change %
-38%
Price
$0.000000
Shares after
1,194
Date
17 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
745
Exercise price
$25.37
Footnotes
F1, F5
NTGR transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-1,250
Change %
-6.9%
Price
$0.000000
Shares after
16,875
Date
17 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,250
Exercise price
$26.61
Footnotes
F1, F4
NTGR holding Derivative

Employee Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
16
Date
17 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16
Exercise price
$18.58
Footnotes
F3
NTGR holding Derivative

Employee Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
41
Date
17 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
41
Exercise price
$23.48
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
17 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
18,000
Exercise price
$41.67
Footnotes
F4
* 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

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 August 29, 2019.

Footnote F2

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.

Footnote F3

25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.

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, 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

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.

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