Mark G. Merrill - 21 Jul 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
21 Jul 2021
Net transactions value
-$71,910
Form type
4
Filing time
23 Jul 2021, 13:05:06 UTC
Previous filing
19 Jul 2021
Next filing
03 Aug 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 Sale $18,430 -500 -0.8% $36.86 61,977 21 Jul 2021 Direct F1, F2
transaction NTGR Common Stock Options Exercise $93,920 +4,000 +6.5% $23.48 65,977 21 Jul 2021 Direct F1
transaction NTGR Common Stock Sale $147,400 -4,000 -6.1% $36.85 61,977 21 Jul 2021 Direct 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 -4,000 -40% $0.000000 5,899 21 Jul 2021 Common Stock 4,000 $23.48 Direct F1, F4
holding NTGR Employee Stock Option (Right to Buy) 13 21 Jul 2021 Common Stock 13 $19.32 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 88 21 Jul 2021 Common Stock 88 $18.58 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 25,000 21 Jul 2021 Common Stock 25,000 $25.37 Direct F5
holding NTGR Employee Stock Option (Right to Buy) 25,000 21 Jul 2021 Common Stock 25,000 $41.67 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 37,500 21 Jul 2021 Common Stock 37,500 $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.