SEC Form 4 · accession 0001122904-16-000432
NETGEAR, INC. · NTGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine Marie Gorjanc
Officer — Chief Financial Officer
Period of report
Nov 29, 2016
Accepted (ET)
Nov 30, 2016 · 6:34 pm EST
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 29, 2016 | M | 625 | $33.15 | A | 70,725 | D | |
| Common Stock | Nov 29, 2016 | M | 24,375 | $32.54 | A | 95,100 | D | |
| Common Stock | Nov 29, 2016 | M | 5,000 | $32.52 | A | 100,100 | D | |
| Common Stock | Nov 29, 2016 | S | 625 | $53.25 | D | 99,475 | D | |
| Common Stock | Nov 29, 2016 | S | 24,375 | $53.31 | D | 75,100 | D | |
| Common Stock | Nov 29, 2016 | S | 5,000 | $53.01 | D | 70,100 | 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 | $33.15 | Nov 29, 2016 | M | 625 | D | — | Apr 26, 2021 | Common Stock | 625 | 5,375 | D |
| Employee Stock Option (Right to Buy)F5 | $32.54 | Nov 29, 2016 | M | 24,375 | D | — | May 16, 2023 | Common Stock | 24,375 | 5,625 | D |
| Employee Stock Option (Right to Buy)F6 | $32.52 | Nov 29, 2016 | M | 5,000 | D | — | Jun 3, 2024 | Common Stock | 5,000 | 13,750 | D |
| Employee Stock Option (Right to Buy)F2 | $28.79 | holding | — | — | — | — | Jan 11, 2018 | Common Stock | 24,000 | 24,000 | D |
| Employee Stock Option (Right to Buy)F3 | $35.32 | holding | — | — | — | — | Feb 3, 2021 | Common Stock | 25,000 | 25,000 | D |
| Employee Stock Option (Right to Buy)F7 | $31.28 | holding | — | — | — | — | Jun 2, 2025 | Common Stock | 21,250 | 21,250 | D |
| Employee Stock Option (Right to Buy)F7 | $39.53 | holding | — | — | — | — | Mar 24, 2026 | Common Stock | 35,000 | 35,000 | 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 August 26, 2016.
- F225% of the option grant is exercisable on 1/11/2009, and 1/48 of the option grant is exercisable each month thereafter.
- F325% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter
- F425% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
- F525% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
- F625% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
- F7This 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.