Martin Westhead - 06 May 2024 Form 4/A Insider Report for NETGEAR, INC. (NTGR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4/A
Accepted by SEC
31 May 2024, 13:50:35 UTC
Original report date
07 May 2024
Prior SEC filing
02 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Andrew Kim

Key filing fact

Martin Westhead filed Form 4/A for NETGEAR, INC. (NTGR) on 31 May 2024.

Key facts

  • This page summarizes Martin Westhead's Form 4/A filing for NETGEAR, INC. (NTGR).
  • 0 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 31 May 2024, 13:50.

Change

  • Previous filing in this sequence was filed on 02 May 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NTGR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
66,608
Date
06 May 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NTGR holding Derivative

Performance Restricted Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,000
Date
06 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,000
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Martin Westhead is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

For the RSUs with a commencement date of April 30, 2024, One-third (1/3rd) of the RSUs will vest on the one-year anniversary of the vesting commencement date, and one-twelfth (1/12th) of the RSUs will vest each quarter thereafter on the quarterly anniversary of the vesting commencement date (or if there is no corresponding day, on the last day of the quarter), provided that Participant (as defined in the Plan) continues to be a Service Provider (as defined in the Plan) through such date.

Footnote F2

PSUs will become eligible to vest ("Eligible PSUs") based upon the level of achievement of the performance-based vesting condition set forth in the Performance Matrix (the "Performance Goal") during the performance period beginning on Grant Date and ending on December 31, 2026 (the "Performance Period") or Adjusted Performance Period (as defined below). 100% of the Eligible PSUs (if any) will vest on the three-year anniversary of the Grant Date (the "Vesting Date"), provided that Participant continues to be a Service Provider through the Vesting Date; provided, however, that the vesting of the Eligible PSUs may be accelerated pursuant to (i) Section 16(c) of the Plan and (ii) the Change in Control and Severance Agreement by and between the Company and Participant (the "Severance Agreement"). In no event shall any Eligible PSUs vest following termination of Participant's status as a Service Provider, except pursuant to the Severance Agreement.

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