Patrick Cs Lo - Jul 31, 2023 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
CEO
Signature
/s/ Andrew W. Kim, Attorney in Fact
Stock symbol
NTGR
Transactions as of
Jul 31, 2023
Transactions value $
-$141,024
Form type
4
Date filed
8/2/2023, 02:30 PM
Previous filing
Jul 19, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Tax liability -$141K -10.3K -5.25% $13.64 187K Jul 31, 2023 Direct
holding NTGR Common Stock 170K Jul 31, 2023 See footnote F1
holding NTGR Common Stock 278K Jul 31, 2023 See footnote 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) 613 Jul 31, 2023 Common Stock 613 $20.98 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 245 Jul 31, 2023 Common Stock 245 $19.69 Direct F4
holding NTGR Employee Stock Option (Right to Buy) 668 Jul 31, 2023 Common Stock 668 $18.60 Direct F5
holding NTGR Employee Stock Option (Right to Buy) 725 Jul 31, 2023 Common Stock 725 $19.33 Direct F6
holding NTGR Employee Stock Option (Right to Buy) 17.2K Jul 31, 2023 Common Stock 17.2K $19.32 Direct F7
holding NTGR Employee Stock Option (Right to Buy) 17.2K Jul 31, 2023 Common Stock 17.2K $18.58 Direct F8
holding NTGR Employee Stock Option (Right to Buy) 19.8K Jul 31, 2023 Common Stock 19.8K $23.48 Direct F8
holding NTGR Employee Stock Option (Right to Buy) 115K Jul 31, 2023 Common Stock 115K $25.37 Direct F9
holding NTGR Employee Stock Option (Right to Buy) 115K Jul 31, 2023 Common Stock 115K $41.67 Direct F8
holding NTGR Employee Stock Option (Right to Buy) 175K Jul 31, 2023 Common Stock 175K $26.61 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held by the education trusts of Mr. Lo's children. Mr. Lo is a co-trustee of each such trust.
F2 The shares are held by the Patrick and Emily Lo Revocable Trust dated 4-7-99
F3 25% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
F4 25% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
F5 25% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.
F6 25% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter
F7 25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter
F8 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.
F9 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