SEC Form 4 · accession 0001122904-16-000334
NETGEAR, INC. · NTGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick J Collins III
Officer — SVP, Arlo Smart Home Devices
Period of report
Jul 26, 2016
Accepted (ET)
Jul 27, 2016 · 6:04 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 26, 2016 | M | 438 | $33.83 | A | 20,753 | D | |
| Common Stock | Jul 26, 2016 | M | 730 | $33.83 | A | 21,483 | D | |
| Common Stock | Jul 26, 2016 | M | 350 | $27.55 | A | 21,833 | D | |
| Common Stock | Jul 26, 2016 | M | 3,000 | $33.78 | A | 24,833 | D | |
| Common Stock | Jul 26, 2016 | M | 4,875 | $31.28 | A | 29,708 | D | |
| Common StockF2 | Jul 26, 2016 | S | 9,393 | $48.91 | D | 20,315 | D | |
| Common StockF2 | Jul 26, 2016 | S | 1,668 | $48.91 | D | 18,647 | 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) | $27.55 | Jul 26, 2016 | M | 350 | D | Apr 18, 2013 | Apr 18, 2023 | Common Stock | 350 | 394 | D |
| Employee Stock Option (Right to Buy) | $31.28 | Jul 26, 2016 | M | 4,875 | D | Jun 2, 2015 | Jun 2, 2025 | Common Stock | 4,875 | 13,125 | D |
| Employee Stock Option (Right to Buy) | $33.83 | Jul 26, 2016 | M | 1,168 | D | Apr 19, 2012 | Apr 19, 2022 | Common Stock | 1,168 | 0 | D |
| Employee Stock Option (Right to Buy) | $33.78 | Jul 26, 2016 | M | 3,000 | D | Jun 6, 2014 | Jun 6, 2024 | Common Stock | 3,000 | 8,625 | D |
| Employee Stock Option (Right to Buy)F3 | $39.53 | holding | — | — | — | — | Mar 24, 2026 | Common Stock | 20,000 | 20,000 | 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 May 27, 2016.
- F2The 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.
- F3This 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.