SEC Form 4 · accession 0001122904-16-000271
NETGEAR, INC. · NTGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jef Graham
Director
Period of report
Jun 3, 2016
Accepted (ET)
Jun 6, 2016 · 7:02 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 StockF1 | Jun 3, 2016 | A | 4,394 | $0.00 | A | 19,120 | D | |
| Common StockF3 | Jun 6, 2016 | S | 6,393 | $45.80 | D | 12,727 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F4 | $18.83 | holding | — | — | — | — | Jul 1, 2015 | Common Stock | 0 | 0 | D |
| Director Stock Option (right to buy)F5 | $14.75 | holding | — | — | — | — | Jun 2, 2019 | Common Stock | 0 | 0 | D |
Explanation of responses
- F1Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. 100% of the restricted stock units will vest on the date of the Issuer's 2017 Annual Meeting of Stockholders.
- F2The 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 12, 2016.
- F3The price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold. Upon request from the Commission staff, the Issuer, or a security holders of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F4This stock option becomes exercisable at a rate of 1/3rd of the option on each anniversary of 7/1/05, the grant date, such that the entire option will be exerciseable on the third anniversary of the grant date.
- F5The 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.