4//SEC Filing
Westhead Martin 4
Accession 0000950170-24-049694
CIK 0001122904other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 1:58 PM ET
Size
7.2 KB
Accession
0000950170-24-049694
Insider Transaction Report
Form 4
NETGEAR, INC.NTGR
Transactions
- Award
Common Stock
2024-04-27+30,000→ 80,201 total
Holdings
- 10,000
Performance Restricted Units
→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]One-third (1/3rd) of the RSUs will vest on the one-year anniversary of the Grant Date, and one-twelfth (1/12th) of the RSUs will vest each quarter thereafter on the quarterly anniversary of the Grant 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.
- [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.
Documents
Issuer
NETGEAR, INC.
CIK 0001122904
Entity typeother
Related Parties
1- filerCIK 0001798577
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 1:58 PM ET
- Size
- 7.2 KB