SEC Form 4 · accession 0001122904-17-000065
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
Feb 17, 2017
Accepted (ET)
Feb 21, 2017 · 6:14 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 | Feb 17, 2017 | M | 521 | $32.54 | A | 22,141 | D | |
| Common Stock | Feb 17, 2017 | M | 521 | $32.52 | A | 22,662 | D | |
| Common Stock | Feb 17, 2017 | M | 521 | $31.28 | A | 23,183 | D | |
| Common Stock | Feb 17, 2017 | S | 1,563 | $55.90 | D | 21,620 | D | |
| Common StockF3 | Feb 17, 2017 | S | 417 | $55.90 | D | 21,620 | 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 | $32.54 | Feb 17, 2017 | M | 521 | D | — | May 16, 2023 | Common Stock | 521 | 1,563 | D |
| Employee Stock Option (Right to Buy)F5 | $32.52 | Feb 17, 2017 | M | 521 | D | — | Jun 3, 2024 | Common Stock | 521 | 8,334 | D |
| Employee Stock Option (Right to Buy)F6 | $31.28 | Feb 17, 2017 | M | 521 | D | — | Jun 2, 2025 | Common Stock | 521 | 14,584 | 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.
- F2The 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 12, 2016
- F3Includes 417 shares acquired under the NETGEAR, Inc. Employee Stock Purchase Plan
- 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.