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

Signature
/s/ Andrew W. Kim, Attorney in Fact
Stock symbol
NTGR
Transactions as of
May 17, 2021
Transactions value $
-$17,534
Form type
4
Date filed
5/19/2021, 01:05 PM
Next filing
Jul 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Options Exercise $18.9K +745 +2.18% $25.37 34.9K May 17, 2021 Direct F1
transaction NTGR Common Stock Sale -$23.2K -745 -2.13% $31.17 34.2K May 17, 2021 Direct F1, F2
transaction NTGR Common Stock Options Exercise $33.3K +1.25K +3.66% $26.61 35.4K May 17, 2021 Direct F1
transaction NTGR Common Stock Sale -$46.5K -1.25K -3.53% $37.18 34.2K May 17, 2021 Direct F1, F2

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
transaction NTGR Employee Stock Option (Right to Buy) Options Exercise $0 -745 -38.42% $0.00 1.19K May 17, 2021 Common Stock 745 $25.37 Direct F1, F5
transaction NTGR Employee Stock Option (Right to Buy) Options Exercise $0 -1.25K -6.9% $0.00 16.9K May 17, 2021 Common Stock 1.25K $26.61 Direct F1, F4
holding NTGR Employee Stock Option (Right to Buy) 16 May 17, 2021 Common Stock 16 $18.58 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 41 May 17, 2021 Common Stock 41 $23.48 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 18K May 17, 2021 Common Stock 18K $41.67 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
F3 25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
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.
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.