Mark G. Merrill - 29 Sep 2023 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
CTO
Signature
/s/ Andrew W. Kim, Attorney in Fact
Issuer symbol
NTGR
Transactions as of
29 Sep 2023
Net transactions value
-$110,868
Form type
4
Filing time
02 Oct 2023, 20:50:55 UTC
Previous filing
02 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Tax liability $110,868 -8,806 -14% $12.59 55,980 29 Sep 2023 Direct

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) 13 29 Sep 2023 Common Stock 13 $19.32 Direct F1
holding NTGR Employee Stock Option (Right to Buy) 88 29 Sep 2023 Common Stock 88 $18.58 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 3,167 29 Sep 2023 Common Stock 3,167 $23.48 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 17,732 29 Sep 2023 Common Stock 17,732 $25.37 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 25,000 29 Sep 2023 Common Stock 25,000 $41.67 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 37,500 29 Sep 2023 Common Stock 37,500 $26.61 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mark G. Merrill is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter
F2 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
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, 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.