Bryan Murray - 30 Apr 2023 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role
CFO
Signature
/s/ Andrew Wonki Kim, Attorney-In-Fact
Issuer symbol
NTGR
Transactions as of
30 Apr 2023
Net transactions value
-$70,918
Form type
4
Filing time
02 May 2023, 14:06:59 UTC
Previous filing
19 Apr 2023
Next filing
19 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTGR Common Stock Tax liability $70,918 -5,019 -3.6% $14.13 134,135 30 Apr 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) 5 30 Apr 2023 Common Stock 5 $19.99 Direct F1
holding NTGR Employee Stock Option (Right to Buy) 1 30 Apr 2023 Common Stock 1 $16.37 Direct F2
holding NTGR Employee Stock Option (Right to Buy) 25,000 30 Apr 2023 Common Stock 25,000 $38.32 Direct F3
holding NTGR Employee Stock Option (Right to Buy) 30,000 30 Apr 2023 Common Stock 30,000 $26.61 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the option grant is exercisable on 4/22/2015, and 1/48 of the option grant is exercisable each month thereafter
F2 25% of the option grant is exercisable on 4/18/2014, and 1/48 of the option grant is exercisable each month thereafter.
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, 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.