0000950170-24-054333.txt : 20240507
0000950170-24-054333.hdr.sgml : 20240507
20240507143700
ACCESSION NUMBER: 0000950170-24-054333
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240506
FILED AS OF DATE: 20240507
DATE AS OF CHANGE: 20240507
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Westhead Martin
CENTRAL INDEX KEY: 0001798577
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50350
FILM NUMBER: 24921229
MAIL ADDRESS:
STREET 1: 350 E. PLUMERIA DR.
CITY: SAN JOSE
STATE: CA
ZIP: 95134
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NETGEAR, INC.
CENTRAL INDEX KEY: 0001122904
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 770419172
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 350 EAST PLUMERIA DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95134
BUSINESS PHONE: 4089078000
MAIL ADDRESS:
STREET 1: 350 EAST PLUMERIA DRIVE
CITY: SAN JOSE
STATE: CA
ZIP: 95134
FORMER COMPANY:
FORMER CONFORMED NAME: NETGEAR, INC
DATE OF NAME CHANGE: 20060828
FORMER COMPANY:
FORMER CONFORMED NAME: NETGEAR INC
DATE OF NAME CHANGE: 20000828
4
1
ownership.xml
4
X0508
4
2024-05-06
0001122904
NETGEAR, INC.
NTGR
0001798577
Westhead Martin
350 E. PLUMERIA DR.
SAN JOSE
CA
95134
false
true
false
false
CTO, Software
true
Common Stock
2024-05-06
4
S
false
8748
12.16
D
66608
D
Performance Restricted Units
Common Stock
10000
10000
D
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.
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.
/s/ Andrew Kim
2024-05-07