Patrick Cs Lo - Jun 1, 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
CEO
Signature
/s/ Andrew W. Kim, Attorney in Fact
Stock symbol
NTGR
Transactions as of
Jun 1, 2021
Transactions value $
-$468,992
Form type
4
Date filed
6/2/2021, 01:26 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 $224K +9.52K +10.19% $23.48 103K Jun 1, 2021 Direct F3
transaction NTGR Common Stock Sale -$367K -9.52K -9.25% $38.59 93.4K Jun 1, 2021 Direct F3, F4
transaction NTGR Common Stock Options Exercise $154K +8.28K +8.87% $18.58 102K Jun 1, 2021 Direct F3
transaction NTGR Common Stock Sale -$319K -8.28K -8.14% $38.59 93.4K Jun 1, 2021 Direct F3, F4
transaction NTGR Common Stock Options Exercise $160K +8.28K +8.87% $19.32 102K Jun 1, 2021 Direct F3
transaction NTGR Common Stock Sale -$319K -8.28K -8.14% $38.59 93.4K Jun 1, 2021 Direct F3, F4
holding NTGR Common Stock 148K Jun 1, 2021 See footnote F1
holding NTGR Common Stock 278K Jun 1, 2021 See footnote 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 -8.28K -14.12% $0.00 50.3K Jun 1, 2021 Common Stock 8.28K $19.32 Direct F3, F9
transaction NTGR Employee Stock Option (Right to Buy) Options Exercise $0 -8.28K -14.12% $0.00 50.3K Jun 1, 2021 Common Stock 8.28K $18.58 Direct F3, F10
transaction NTGR Employee Stock Option (Right to Buy) Options Exercise $0 -9.52K -14.12% $0.00 57.9K Jun 1, 2021 Common Stock 9.52K $23.48 Direct F3, F10
holding NTGR Employee Stock Option (Right to Buy) 613 Jun 1, 2021 Common Stock 613 $20.98 Direct F5
holding NTGR Employee Stock Option (Right to Buy) 245 Jun 1, 2021 Common Stock 245 $19.69 Direct F6
holding NTGR Employee Stock Option (Right to Buy) 668 Jun 1, 2021 Common Stock 668 $18.60 Direct F7
holding NTGR Employee Stock Option (Right to Buy) 725 Jun 1, 2021 Common Stock 725 $19.33 Direct F8
holding NTGR Employee Stock Option (Right to Buy) 115K Jun 1, 2021 Common Stock 115K $25.37 Direct F11
holding NTGR Employee Stock Option (Right to Buy) 115K Jun 1, 2021 Common Stock 115K $41.67 Direct F10
holding NTGR Employee Stock Option (Right to Buy) 175K Jun 1, 2021 Common Stock 175K $26.61 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held by the education trusts of Mr. Lo's children. Mr. Lo is a co-trustee of each such trust.
F2 The shares are held by the Patrick and Emily Lo Revocable Trust dated 4-7-99
F3 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 July 30, 2020.
F4 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.
F5 25% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
F6 25% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
F7 25% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.
F8 25% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter
F9 25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter
F10 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.
F11 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