SEC Form 4 · accession 0001122904-16-000374
NETGEAR, INC. · NTGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Wonki Kim
Officer — SVP, Legal and Corp. Dev.
Period of report
Sep 29, 2016
Accepted (ET)
Sep 29, 2016 · 6:10 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 | Sep 29, 2016 | M | 1,875 | $31.31 | A | 21,710 | D | |
| Common Stock | Sep 29, 2016 | M | 4,688 | $32.54 | A | 26,398 | D | |
| Common Stock | Sep 29, 2016 | M | 4,687 | $32.52 | A | 31,085 | D | |
| Common Stock | Sep 29, 2016 | M | 7,812 | $31.28 | A | 38,897 | D | |
| Common StockF2 | Sep 29, 2016 | S | 19,062 | $59.57 | D | 20,500 | 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)F3 | $31.31 | Sep 29, 2016 | M | 1,875 | D | — | Jun 6, 2022 | Common Stock | 1,875 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $32.54 | Sep 29, 2016 | M | 4,688 | D | — | May 16, 2023 | Common Stock | 4,688 | 4,167 | D |
| Employee Stock Option (Right to Buy)F5 | $32.52 | Sep 29, 2016 | M | 4,687 | D | — | Jun 3, 2024 | Common Stock | 4,687 | 10,938 | D |
| Employee Stock Option (Right to Buy)F6 | $31.28 | Sep 29, 2016 | M | 7,812 | D | — | Jun 2, 2025 | Common Stock | 7,812 | 17,188 | D |
| Employee Stock Option (Right to Buy)F6 | $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 July 29, 2016.
- F2Includes 665 shares acquired under the NETGEAR, Inc. Employee Stock Purchase Plan
- F325% of the option grant is exerciseable on 6/6/2013, and 1/48 of the option grant is exerciseable each month thereafter.
- F425% of the option grant is exerciseable on 5/16/2014, and 1/48 of the option grant is exerciseable each month thereafter.
- F525% of the option grant is exercisable on 6/3/2015, and 1/48 of the option grant is exercisable each month thereafter.
- F6This 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.