Heidi Cormack - 19 Apr 2022 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Signature
/s/ Andrew Wonki Kim, Attorney in Fact
Issuer symbol
NTGR
Transactions as of
19 Apr 2022
Net transactions value
-$47,405
Form type
4
Filing time
21 Apr 2022, 14:48:48 UTC
Previous filing
10 Dec 2021
Next filing
22 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Award $0 +18,750 +42% $0.000000 63,526 19 Apr 2022 Direct F1
transaction NTGR Common Stock Sale $47,405 -2,105 -3.3% $22.52 61,421 21 Apr 2022 Direct F2, F3

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) 25,253 19 Apr 2022 Common Stock 25,253 $41.67 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 21,094 19 Apr 2022 Common Stock 54,577 $26.61 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This RSU shall vest, in whole or in part, in accordance with the following schedule: 1/4 each year on the anniversary of the Vesting Start Date, April 30, 2022, subject to the recipient continuing to be a Service Provider on such dates.
F2 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 February 7, 2022.
F3 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.
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