Mark G. Merrill - Oct 20, 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
Oct 20, 2021
Transactions value $
-$40,245
Form type
4
Date filed
10/21/2021, 01:33 PM
Previous filing
Sep 16, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Options Exercise $76.1K +3K +5.07% $25.37 62.2K Oct 20, 2021 Direct F1
transaction NTGR Common Stock Sale -$99.7K -3K -4.82% $33.23 59.2K Oct 20, 2021 Direct F1, F2
transaction NTGR Common Stock Sale -$16.7K -500 -0.84% $33.33 58.7K Oct 20, 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 -3K -14.47% $0.00 17.7K Oct 20, 2021 Common Stock 3K $25.37 Direct F1, F5
holding NTGR Employee Stock Option (Right to Buy) 13 Oct 20, 2021 Common Stock 13 $19.32 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 88 Oct 20, 2021 Common Stock 88 $18.58 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 3.17K Oct 20, 2021 Common Stock 3.17K $23.48 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 25K Oct 20, 2021 Common Stock 25K $41.67 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 37.5K Oct 20, 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.