Charles J. Prober - 31 Jan 2025 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Feb 2025, 13:46:53 UTC
Prior SEC filing
29 Nov 2024
Next SEC filing
24 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kirsten Daru

Key filing fact

Charles J. Prober filed Form 4 for NETGEAR, INC. (NTGR) on 03 Feb 2025.

Key facts

  • This page summarizes Charles J. Prober's Form 4 filing for NETGEAR, INC. (NTGR).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Feb 2025, 13:46.

Change

  • Previous filing in this sequence was filed on 29 Nov 2024.
  • Current net transaction value: -$7,856,112.

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 disclosures.

View source filing
This filing has been restated. Open the amended filing.

Reported non-derivative transactions

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

NTGR transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+115,733
Change %
+25%
Price
$0.000000
Shares after
571,553
Date
31 Jan 2025
Ownership
Direct
Footnotes
F1
NTGR transaction

Common Stock

Tax liability

Transaction value
$3,200,017
Shares
-115,733
Change %
-20%
Price
$27.65
Shares after
455,820
Date
31 Jan 2025
Ownership
Direct
Footnotes
F1
NTGR transaction

Common Stock

Options Exercise

Transaction value
$1,456,077
Shares
-52,661
Change %
-12%
Price
$27.65
Shares after
404,866
Date
31 Jan 2025
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

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

NTGR transaction Derivative

Performance Restricted Units

Options Exercise

Transaction value
$3,200,017
Shares
-115,733
Change %
-25%
Price
$27.65
Shares after
340,087
Date
31 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
455,820
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Performance-Based RSUs ("PRSUs") granted under 2024 Inducement Plan

Footnote F2

RSUs granted under 2024 Inducement Plan

Footnote F3

This includes 1707 ESPP shares purchased.

Footnote F4

1/3rd of the PSUs will be allocated to a Performance Period (PP) beginning on the date that Participant commenced employment with the Company and ending on December 31, 2024; 1/3rd of the PSUs will be allocated to a PP beginning on January 1, 2025, and ending on December 31, 2025; and 1/3rd of the PSUs will be allocated to a PP on January 1, 2026, and ending on December 31, 2026 based upon the level of achievement of the performance-based vesting condition set forth in the Performance Matrix during the applicable Performance Period or Adjusted Performance Period, or (ii) pursuant to the "True-Up" section in the Performance Matrix. 100% of the Eligible PSUs (if any) for each Tranche will vest on the anniversary of the Vesting Commencement Date that immediately follows the end of the Performance Period that relates to that Tranche, provided that Participant continues to be a Service Provider through that Vesting Date.

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