Michael A. Werdann - May 3, 2022 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
May 3, 2022
Transactions value $
-$66,950
Form type
4
Date filed
5/4/2022, 01:44 PM
Previous filing
May 3, 2022
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Sale -$67K -3.08K -5.09% $21.73 57.5K May 3, 2022 Direct F1

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 May 3, 2022 Common Stock 16 $18.58 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 41 May 3, 2022 Common Stock 41 $23.48 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 821 May 3, 2022 Common Stock 821 $25.37 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 18K May 3, 2022 Common Stock 18K $41.67 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 13.8K May 3, 2022 Common Stock 13.8K $26.61 Direct F3
* 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 August 10, 2021.
F2 25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
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, 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.
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, 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.