SEC Form 4 · accession 0001122904-16-000417
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
Nov 3, 2016
Accepted (ET)
Nov 4, 2016 · 2:06 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 | Nov 3, 2016 | M | 521 | $32.52 | A | 30,870 | D | |
| Common Stock | Nov 3, 2016 | M | 521 | $31.28 | A | 31,391 | D | |
| Common Stock | Nov 3, 2016 | S | 1,042 | $49.90 | D | 30,349 | 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)F3 | $32.52 | Nov 3, 2016 | M | 521 | D | — | Jun 3, 2024 | Common Stock | 521 | 9,896 | D |
| Employee Stock Option (Right to Buy)F4 | $31.28 | Nov 3, 2016 | M | 521 | D | — | Jun 2, 2025 | Common Stock | 521 | 22,396 | D |
| Employee Stock Option (Right to Buy)F2 | $32.54 | holding | — | — | — | — | May 16, 2023 | Common Stock | 3,646 | 3,646 | D |
| Employee Stock Option (Right to Buy)F4 | $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, amended August 12, 2016.
- F225% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
- F325% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
- F4This 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.