Mark G. Merrill - Jun 15, 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
CTO
Signature
/s/ Andrew W. Kim, Attorney in Fact
Stock symbol
NTGR
Transactions as of
Jun 15, 2021
Transactions value $
-$107,245
Form type
4
Date filed
6/17/2021, 02:20 PM
Previous filing
May 21, 2021
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 $23.5K +1K +2.11% $23.48 48.3K Jun 15, 2021 Direct F1
transaction NTGR Common Stock Sale -$40.8K -1K -2.07% $40.82 47.3K Jun 15, 2021 Direct F1, F2
transaction NTGR Common Stock Sale -$20.4K -500 -1.06% $40.85 46.8K Jun 15, 2021 Direct F1, F2
transaction NTGR Common Stock Options Exercise $70.4K +3K +6.41% $23.48 49.8K Jun 15, 2021 Direct F1
transaction NTGR Common Stock Sale -$123K -3K -6.03% $40.85 46.8K Jun 15, 2021 Direct F1, F2
transaction NTGR Common Stock Options Exercise $23.5K +1K +2.14% $23.48 47.8K Jun 15, 2021 Direct F1
transaction NTGR Common Stock Sale -$40.9K -1K -2.09% $40.85 46.8K Jun 15, 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 -5K -33.56% $0.00 9.9K Jun 15, 2021 Common Stock 5K $23.48 Direct F1, F4
holding NTGR Employee Stock Option (Right to Buy) 13 Jun 15, 2021 Common Stock 13 $19.32 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 88 Jun 15, 2021 Common Stock 88 $18.58 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 25K Jun 15, 2021 Common Stock 25K $25.37 Direct F5
holding NTGR Employee Stock Option (Right to Buy) 25K Jun 15, 2021 Common Stock 25K $41.67 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 37.5K Jun 15, 2021 Common Stock 37.5K $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 October 26, 2020.
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 options will be exercisable on 6/03/2015, 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.