Michael A. Werdann - Jul 31, 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
SVP, World Wide Sales
Signature
/s/ Andrew W. Kim, Attorney in Fact
Stock symbol
NTGR
Transactions as of
Jul 31, 2021
Transactions value $
-$49,320
Form type
4
Date filed
8/3/2021, 02:18 PM
Previous filing
Jul 19, 2021
Next filing
Aug 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Tax liability -$49.3K -1.44K -2.86% $34.25 49K Jul 31, 2021 Direct

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
holding NTGR Employee Stock Option (Right to Buy) 16 Jul 31, 2021 Common Stock 16 $18.58 Direct F1
holding NTGR Employee Stock Option (Right to Buy) 41 Jul 31, 2021 Common Stock 41 $23.48 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 821 Jul 31, 2021 Common Stock 821 $25.37 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 18K Jul 31, 2021 Common Stock 18K $41.67 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 15.6K Jul 31, 2021 Common Stock 15.6K $26.61 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
F2 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.
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, 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.