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

Signature
/s/ Andrew Wonki Kim, Attorney in Fact
Stock symbol
NTGR
Transactions as of
Apr 19, 2022
Transactions value $
-$47,405
Form type
4
Date filed
4/21/2022, 02:48 PM
Previous filing
Dec 10, 2021
Next filing
Jun 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Award $0 +18.8K +41.88% $0.00 63.5K Apr 19, 2022 Direct F1
transaction NTGR Common Stock Sale -$47.4K -2.11K -3.31% $22.52 61.4K Apr 21, 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) 25.3K Apr 19, 2022 Common Stock 25.3K $41.67 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 21.1K Apr 19, 2022 Common Stock 54.6K $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