SEC Form 4 · accession 0001209191-15-043395
NETGEAR, INC. · NTGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
A Timothy Godwin
Director
Period of report
May 15, 2015
Accepted (ET)
May 15, 2015 · 4:53 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 | May 15, 2015 | M | 10,000 | $18.97 | A | 16,150 | D | |
| Common StockF2 | May 15, 2015 | S | 10,000 | $31.04 | D | 6,150 | D | |
| Common Stock | holding | — | — | — | 48,815 | I | Shares are held by A Timothy Godwin Family Trust (dated 3/27/95, as amended) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F3 | $18.97 | May 15, 2015 | M | 10,000 | D | — | May 18, 2015 | Common Stock | 10,000 | 0 | D |
| Director Stock Option (right to buy)F4 | $14.75 | holding | — | — | — | — | Jun 2, 2019 | Common Stock | 1,800 | 1,800 | D |
Explanation of responses
- F1The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 9, 2015.
- F2The price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $30.96 to $31.15 per share. Upon request from the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F3100% of this grant option is exercisable on 5/18/2005, the grant date. Shares underlying the option are restricted from transfer, with the restriction lapsing on the date of the Issuer's 2006 Annual Meeting of Stockholders, which was held on May 23, 2006.
- F4This option was granted under the NETGEAR, Inc. 2006 Long-Term Incentive Plan. The option becomes exercisable in full on the date of the Issuer's 2010 Annual Meeting of Stockholders.