Andrew Kim - May 28, 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
SVP, Legal and Corp Dev
Signature
/s/ Andrew W. Kim
Stock symbol
NTGR
Transactions as of
May 28, 2021
Transactions value $
-$7,352
Form type
4
Date filed
6/1/2021, 02:17 PM
Previous filing
May 21, 2021
Next filing
Jun 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Options Exercise $13.1K +517 +0.81% $25.37 64.7K May 28, 2021 Direct F1
transaction NTGR Common Stock Sale -$20.5K -517 -0.8% $39.59 64.2K May 28, 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 -517 -43.01% $0.00 685 May 28, 2021 Common Stock 517 $25.37 Direct F1, F5
holding NTGR Employee Stock Option (Right to Buy) 4 May 28, 2021 Common Stock 4 $19.33 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 49 May 28, 2021 Common Stock 49 $19.32 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 91 May 28, 2021 Common Stock 91 $18.58 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 167 May 28, 2021 Common Stock 167 $23.48 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 25K May 28, 2021 Common Stock 25K $41.67 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 20.3K May 28, 2021 Common Stock 20.3K $26.61 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 17, 2020.
F2 25% of the option grant is exerciseable on 5/16/2014, and 1/48 of the option grant is exerciseable each month thereafter.
F3 25% of the option grant is exercisable on 6/3/2015, 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.