4//SEC Filing
Westhead Martin 4
Accession 0000950170-24-054333
CIK 0001122904other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 2:37 PM ET
Size
7.0 KB
Accession
0000950170-24-054333
Insider Transaction Report
Form 4
NETGEAR, INC.NTGR
Transactions
- Sale
Common Stock
2024-05-06$12.16/sh−8,748$106,376→ 66,608 total
Holdings
- 10,000
Performance Restricted Units
→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 28, 2023.
- [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
- May 6, 8:00 PM ET
- Accepted
- May 7, 2:37 PM ET
- Size
- 7.0 KB