SEC Form 4 · accession 0001122904-16-000320
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
Jul 5, 2016
Accepted (ET)
Jul 5, 2016 · 5:59 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 | Jul 5, 2016 | M | 520 | $32.52 | A | 35,869 | D | |
| Common Stock | Jul 5, 2016 | M | 520 | $31.28 | A | 36,389 | D | |
| Common Stock | Jul 5, 2016 | S | 1,040 | $47.70 | D | 35,349 | 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)F4 | $32.52 | Jul 5, 2016 | M | 520 | D | — | Jun 3, 2024 | Common Stock | 520 | 11,980 | D |
| Employee Stock Option (Right to Buy)F5 | $31.28 | Jul 5, 2016 | M | 520 | D | — | Jun 2, 2025 | Common Stock | 520 | 24,480 | D |
| Employee Stock Option (Right to Buy)F2 | $35.32 | holding | — | — | — | — | Feb 3, 2021 | Common Stock | 0 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $32.54 | holding | — | — | — | — | May 16, 2023 | Common Stock | 5,730 | 5,730 | D |
| Employee Stock Option (Right to Buy)F5 | $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 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
- F325% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
- F425% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
- F5This 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.