SEC Form 4 · accession 0001209191-15-024754

NETGEAR, INC. · NTGR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Patrick Cs Lo

Officer — Chairman and CEO · Director

Period of report

Mar 9, 2015

Accepted (ET)

Mar 10, 2015 · 5:31 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	Mar 9, 2015	M	5,900	$22.68	A	112,417	D
Common Stock^F4	Mar 9, 2015	S	5,900	$33.00	D	107,269	D
Common Stock^F1	holding	—	—		—	131,750	I	See footnote
Common Stock^F2	holding	—	—		—	147,668	I	See footnote

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)^F5	$22.68	Mar 9, 2015	M	5,900	D	—	May 23, 2016	Common Stock	5,900	82,300	D
Employee Stock Option (Right to Buy)^F6	$29.23	holding	—	—	—	—	Jan 12, 2017	Common Stock	100,000	100,000	D
Employee Stock Option (Right to Buy)^F7	$28.79	holding	—	—	—	—	Jan 11, 2018	Common Stock	100,000	100,000	D
Employee Stock Option (Right to Buy)^F8	$11.41	holding	—	—	—	—	Jan 16, 2019	Common Stock	90,000	90,000	D
Employee Stock Option (Right to Buy)^F9	$21.10	holding	—	—	—	—	Feb 2, 2020	Common Stock	100,000	100,000	D
Employee Stock Option (Right to Buy)^F10	$20.80	holding	—	—	—	—	Jun 13, 2020	Common Stock	40,000	40,000	D
Employee Stock Option (Right to Buy)^F11	$35.32	holding	—	—	—	—	Feb 3, 2021	Common Stock	100,000	100,000	D
Employee Stock Option (Right to Buy)^F12	$33.15	holding	—	—	—	—	Apr 26, 2021	Common Stock	40,000	40,000	D
Employee Stock Option (Right to Buy)^F13	$31.31	holding	—	—	—	—	Jun 6, 2022	Common Stock	100,000	100,000	D
Employee Stock Option (Right to Buy)^F14	$32.54	holding	—	—	—	—	May 16, 2023	Common Stock	108,510	108,510	D
Employee Stock Option (Right to Buy)^F15	$32.52	holding	—	—	—	—	Jun 3, 2024	Common Stock	100,000	100,000	D

Explanation of responses

F1The shares are held by the Patrick and Emily Lo Revocable Trust dated 4-7-99.
F1025% of the shares subject to the option shall vest twelve months on 6/13/2011, and 1/48th 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.
F1125% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
F1225% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
F1325% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.
F1425% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
F1525% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
F2The shares are held by the education trusts of Mr. Lo's children. Mr. Lo is a co-trustee of each such trust.
F3The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 28, 2014.
F4Includes 752 shares acquired under the NETGEAR, Inc. Employee Stock Purchase Plan.
F525% of the option grant is exercisable on 5/23/2007, and 1/48 of the option grant is exercisable each month thereafter.
F625% of the option grant is exercisable on 1/12/2008, and 1/48 of the option grant is exercisable each month thereafter.
F725% of the option grant is exercisable on 1/11/2009, and 1/48 of the option grant is exercisable each month thereafter.
F825% of the option grant is exercisable on 1/16/2010, and 1/48 of the option grant is exercisable each month thereafter.
F925% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter.