WERDANN MICHAEL A 4
4 · NETGEAR, INC. · Filed Oct 12, 2021
Insider Transaction Report
Form 4
NETGEAR, INC.NTGR
WERDANN MICHAEL A
VP, North America Sales
Transactions
- Sale
Common Stock
2021-10-11$32.92/sh−1,875$61,725→ 45,916 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-11−1,875→ 13,750 totalExercise: $26.61Exp: 2029-07-19→ Common Stock (1,875 underlying) - Exercise/Conversion
Common Stock
2021-10-11$26.61/sh+1,875$49,894→ 47,791 total
Holdings
- 16
Employee Stock Option (Right to Buy)
Exercise: $18.58Exp: 2025-06-02→ Common Stock (16 underlying) - 41
Employee Stock Option (Right to Buy)
Exercise: $23.48Exp: 2026-03-24→ Common Stock (41 underlying) - 821
Employee Stock Option (Right to Buy)
Exercise: $25.37Exp: 2027-06-01→ Common Stock (821 underlying) - 18,000
Employee Stock Option (Right to Buy)
Exercise: $41.67Exp: 2028-01-25→ Common Stock (18,000 underlying)
Footnotes (4)
- [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 August 10, 2021.
- [F2]25% of the option grant is exercisable on 6/2/2016, 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.
- [F4]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, June 1, 2017, 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.