SEC Form 4 · accession 0001122904-16-000263
NETGEAR, INC. · NTGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Werdann
Officer — SVP of Worldwide Sales
Period of report
Jun 3, 2016
Accepted (ET)
Jun 6, 2016 · 7:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001122904
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 3, 2016 | F | 466 | $45.51 | D | 28,999 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $32.52 | holding | — | — | — | Jun 3, 2014 | Jun 3, 2024 | Common Stock | 9,750 | 9,750 | D |
| Employee Stock Option (Right to Buy)F2 | $38.01 | holding | — | — | — | May 24, 2011 | May 24, 2021 | Common Stock | 0 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $35.32 | holding | — | — | — | Feb 3, 2011 | Feb 3, 2021 | Common Stock | 0 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $32.54 | holding | — | — | — | May 6, 2013 | May 6, 2023 | Common Stock | 5,250 | 5,250 | D |
| Employee Stock Option (Right to Buy)F5 | $33.15 | holding | — | — | — | Apr 26, 2011 | Apr 26, 2021 | Common Stock | 0 | 0 | D |
| Employee Stock Option (Right to Buy)F6 | $31.31 | holding | — | — | — | Jun 6, 2012 | Jun 6, 2022 | Common Stock | 625 | 625 | D |
| Employee Stock Option (Right to Buy)F7 | $31.28 | holding | — | — | — | Jun 2, 2015 | Jun 2, 2025 | Common Stock | 18,000 | 18,000 | D |
| Employee Stock Option (Right to Buy)F8 | $39.53 | holding | — | — | — | Mar 24, 2016 | Mar 24, 2026 | Common Stock | 18,000 | 18,000 | D |
Explanation of responses
- F125% of the option grant is exercisable on 6/3/2015, and 1/48 of the option grant is exercisable each month thereafter.
- F225% of the option grant is exercisable on 5/24/2012, and 1/48 of the option grant is exercisable each month thereafter.
- F325% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
- F425% of the option grant is exercisable on 5/6/2014, and 1/48 of the option grant is exercisable each month thereafter.
- F525% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
- F625% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.
- F725% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
- F8This 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.