Mark G. Merrill - 20 May 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
CTO
Signature
/s/ Andrew W. Kim, Attorney in Fact
Issuer symbol
NTGR
Transactions as of
20 May 2021
Net transactions value
-$14,520
Form type
4
Filing time
21 May 2021, 13:12:04 UTC
Previous filing
19 May 2021
Next filing
17 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Options Exercise $23,480 +1,000 +2.1% $23.48 48,283 20 May 2021 Direct F1
transaction NTGR Common Stock Sale $38,000 -1,000 -2.1% $38.00 47,283 20 May 2021 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
transaction NTGR Employee Stock Option (Right to Buy) Options Exercise $0 -1,000 -6.3% $0.000000 14,899 20 May 2021 Common Stock 1,000 $23.48 Direct F1, F3
holding NTGR Employee Stock Option (Right to Buy) 13 20 May 2021 Common Stock 13 $19.32 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 88 20 May 2021 Common Stock 88 $18.58 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 25,000 20 May 2021 Common Stock 25,000 $25.37 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 25,000 20 May 2021 Common Stock 25,000 $41.67 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 37,500 20 May 2021 Common Stock 37,500 $26.61 Direct F3
* 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 October 26, 2020.
F2 25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter
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
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.