Filing Details

Accession Number:
0000950170-24-054333
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-07 14:37:00
Reporting Period:
2024-05-06
Accepted Time:
2024-05-07 14:37:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1122904 Netgear Inc. NTGR Telephone & Telegraph Apparatus (3661) 770419172
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1798577 Martin Westhead 350 E. Plumeria Dr.
San Jose CA 95134
Cto, Software No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-05-06 8,748 $12.16 66,608 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Restricted Units $0.00 10,000 10,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
10,000 10,000 Direct
Footnotes
  1. The 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 28, 2023.
  2. PSUs will become eligible to vest ("Eligible PSUs") based upon the level of achievement of the performance-based vesting condition set forth in the Performance Matrix (the "Performance Goal") during the performance period beginning on Grant Date and ending on December 31, 2026 (the "Performance Period") or Adjusted Performance Period (as defined below). 100% of the Eligible PSUs (if any) will vest on the three-year anniversary of the Grant Date (the "Vesting Date"), provided that Participant continues to be a Service Provider through the Vesting Date; provided, however, that the vesting of the Eligible PSUs may be accelerated pursuant to (i) Section 16(c) of the Plan and (ii) the Change in Control and Severance Agreement by and between the Company and Participant (the "Severance Agreement"). In no event shall any Eligible PSUs vest following termination of Participant's status as a Service Provider, except pursuant to the Severance Agreement.