Vikram Mehta - 02 Aug 2023 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
SVP, CBU
Signature
/s/ Andrew Wonki Kim, Attorney in Fact
Issuer symbol
NTGR
Transactions as of
02 Aug 2023
Net transactions value
-$39,192
Form type
4
Filing time
03 Aug 2023, 11:56:32 UTC
Previous filing
02 Aug 2023
Next filing
01 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Sale $39,192 -2,760 -4.8% $14.20 54,845 02 Aug 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 October 9, 2021 and amended on February 8, 2022 and August 5, 2022.
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.