Heidi Cormack - 20 Jun 2023 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
SVP, Marketing
Signature
/s/ Andrew Wonki Kim, Attorney in Fact
Issuer symbol
NTGR
Transactions as of
20 Jun 2023
Net transactions value
-$34,621
Form type
4
Filing time
20 Jun 2023, 16:30:57 UTC
Previous filing
23 May 2023
Next filing
19 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Sale $34,621 -2,344 -3.5% $14.77 63,765 20 Jun 2023 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
holding NTGR Employee Stock Option (Right to Buy) 25,253 20 Jun 2023 Common Stock 25,253 $41.67 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 21,094 20 Jun 2023 Common Stock 54,577 $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 February 21, 2023.
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 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