SEC Form 4 · accession 0001122904-16-000287
NETGEAR, INC. · NTGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael F Falcon
Officer — SVP, Operations
Period of report
Jun 7, 2016
Accepted (ET)
Jun 8, 2016 · 6:17 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 7, 2016 | M | 430 | $32.52 | A | 36,693 | D | |
| Common Stock | Jun 7, 2016 | M | 11,459 | $32.54 | A | 48,152 | D | |
| Common Stock | Jun 7, 2016 | S | 11,889 | $46.00 | D | 36,263 | D | |
| Common Stock | Jun 8, 2016 | M | 3,400 | $33.15 | A | 39,663 | D | |
| Common Stock | Jun 8, 2016 | S | 3,400 | $47.00 | D | 36,263 | 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)F5 | $33.15 | Jun 8, 2016 | M | 3,400 | D | — | Apr 26, 2021 | Common Stock | 3,400 | 0 | D |
| Employee Stock Option (Right to Buy)F7 | $32.54 | Jun 7, 2016 | M | 11,459 | D | — | May 16, 2023 | Common Stock | 11,459 | 6,772 | D |
| Employee Stock Option (Right to Buy)F8 | $32.52 | Jun 7, 2016 | M | 430 | D | — | Jun 3, 2024 | Common Stock | 430 | 24,570 | D |
| Employee Stock Option (Right to Buy)F2 | $21.10 | holding | — | — | — | — | Feb 2, 2020 | Common Stock | 0 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $20.80 | holding | — | — | — | — | Jun 13, 2020 | Common Stock | 0 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $35.32 | holding | — | — | — | — | Feb 3, 2021 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock Option (Right to Buy)F6 | $31.31 | holding | — | — | — | — | Jun 6, 2022 | Common Stock | 0 | 0 | D |
| Employee Stock Option (Right to Buy)F9 | $31.28 | holding | — | — | — | — | Jun 2, 2025 | Common Stock | 25,000 | 25,000 | D |
| Employee Stock Option (Right to Buy)F9 | $39.53 | holding | — | — | — | — | Mar 24, 2026 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The 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 26, 2016.
- F225% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter.
- F325% of the shares subject to the option shall vest on 6/13/2011, and 1/48th 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.
- F425% of the option grant is exercisable on 2/3/2012, 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 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
- F825% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
- F9This 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.