SEC Form 4 · accession 0001209191-15-050263
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
Jun 2, 2015
Accepted (ET)
Jun 4, 2015 · 6:35 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 StockF1 | Jun 2, 2015 | A | 7,000 | $0.00 | A | 28,237 | D | |
| Common Stock | Jun 3, 2015 | F | 658 | $31.45 | D | 27,579 | 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)F9 | $31.28 | Jun 2, 2015 | A | 25,000 | A | — | Jun 2, 2025 | Common Stock | 25,000 | 25,000 | D |
| Employee Stock Option (Right to Buy)F2 | $21.10 | holding | — | — | — | — | Feb 2, 2020 | Common Stock | 1,459 | 1,459 | D |
| Employee Stock Option (Right to Buy)F3 | $20.80 | holding | — | — | — | — | Jun 13, 2020 | Common Stock | 1,595 | 1,595 | D |
| Employee Stock Option (Right to Buy)F4 | $35.32 | holding | — | — | — | — | Feb 3, 2021 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock Option (Right to Buy)F5 | $33.15 | holding | — | — | — | — | Apr 26, 2021 | Common Stock | 3,400 | 3,400 | D |
| Employee Stock Option (Right to Buy)F6 | $31.31 | holding | — | — | — | — | Jun 6, 2022 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock Option (Right to Buy)F7 | $32.54 | holding | — | — | — | — | May 16, 2023 | Common Stock | 25,000 | 25,000 | D |
| Employee Stock Option (Right to Buy)F8 | $32.52 | holding | — | — | — | — | Jun 3, 2024 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Shares represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. 25% of the units will cliff vest on each anniversary of the Vesting Start Date, June 30, 2015, subject to the recipient continuing to be a Service Provider on such dates.
- F225% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter.
- F325% of the shares subject to the option shall vest 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.
- F425% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
- F525% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
- F625% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.
- F725% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
- F825% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
- F9This 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.