ROSSMAN GREGORY J 4
4 · NETGEAR, INC · Filed May 31, 2019
Insider Transaction Report
Form 4
NETGEAR, INCNTGR
ROSSMAN GREGORY J
Director
Transactions
- Award
Common Stock
2019-05-30+7,898→ 38,826 total - Exercise/Conversion
Director Stock Option (right to buy)
2019-05-30−1,787→ 13 totalExercise: $14.75Exp: 2019-06-02→ Common Stock (1,787 underlying) - Exercise/Conversion
Common Stock
2019-05-30$14.75/sh+1,787$26,358→ 40,613 total - Sale
Common Stock
2019-05-30$25.28/sh−1,787$45,175→ 38,826 total
Footnotes (3)
- [F1]Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock, which will vest 100% on the date of the 2019 annual meeting of stockholders (but not less than 50 weeks from the date of grant), provided that such individual continues to serve as a member of the board of directors of NETGEAR, Inc. until such date.
- [F2]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 February 25, 2019.
- [F3]The option was granted under the NETGEAR, Inc. 2006 Long-Term Incentive Plan. The option becomes exercisable in full on the date of the Issuer's 2010 Annual Meeting of Stockholders.