0001122904-16-000438.txt : 20161205
0001122904-16-000438.hdr.sgml : 20161205
20161205134232
ACCESSION NUMBER: 0001122904-16-000438
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161201
FILED AS OF DATE: 20161205
DATE AS OF CHANGE: 20161205
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NETGEAR, INC
CENTRAL INDEX KEY: 0001122904
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661]
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: 20000828
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LO PATRICK CS
CENTRAL INDEX KEY: 0001257008
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50350
FILM NUMBER: 162033335
4
1
wf-form4_148096333957626.xml
FORM 4
X0306
4
2016-12-01
0
0001122904
NETGEAR, INC
NTGR
0001257008
LO PATRICK CS
NETGEAR, INC.
350 E. PLUMERIA DR.
SAN JOSE
CA
95134
1
1
0
0
Chairman and CEO
Common Stock
125177
I
See footnote
Common Stock
147668
I
See footnote
Common Stock
2016-12-01
4
M
0
8300
29.23
A
155797
D
Common Stock
2016-12-01
4
S
0
8300
53.56
D
147497
D
Common Stock
2016-12-01
4
M
0
5900
28.79
A
153397
D
Common Stock
2016-12-01
4
S
0
5900
53.57
D
147497
D
Employee Stock Option (Right to Buy)
29.23
2016-12-01
4
M
0
8300
0
D
2017-01-12
Common Stock
8300.0
0
D
Employee Stock Option (Right to Buy)
28.79
2016-12-01
4
M
0
5900
0
D
2018-01-11
Common Stock
5900.0
70500
D
Employee Stock Option (Right to Buy)
11.41
2019-01-16
Common Stock
90000.0
90000
D
Employee Stock Option (Right to Buy)
21.1
2020-02-02
Common Stock
100000.0
100000
D
Employee Stock Option (Right to Buy)
20.8
2020-06-13
Common Stock
40000.0
40000
D
Employee Stock Option (Right to Buy)
35.32
2021-02-03
Common Stock
100000.0
100000
D
Employee Stock Option (Right to Buy)
33.15
2021-04-26
Common Stock
40000.0
40000
D
Employee Stock Option (Right to Buy)
31.31
2022-06-06
Common Stock
100000.0
100000
D
Employee Stock Option (Right to Buy)
32.54
2023-05-16
Common Stock
108510.0
108510
D
Employee Stock Option (Right to Buy)
32.52
2024-06-03
Common Stock
100000.0
100000
D
Employee Stock Option (Right to Buy)
31.28
2025-06-02
Common Stock
100000.0
100000
D
Employee Stock Option (Right to Buy)
39.53
2026-03-24
Common Stock
115000.0
115000
D
The shares are held by the Patrick and Emily Lo Revocable Trust dated 4-7-99.
The shares are held by the education trusts of Mr. Lo's children. Mr. Lo is a co-trustee of each such trust.
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 November 2, 2015.
The price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold. Upon request from the Commission staff, the Issuer, or a security holders of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
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 May 12, 2016.
25% of the option grant is exercisable on 1/12/2008, and 1/48 of the option grant is exercisable each month thereafter.
25% of the option grant is exercisable on 1/11/2009, and 1/48 of the option grant is exercisable each month thereafter.
25% of the option grant is exercisable on 1/16/2010, and 1/48 of the option grant is exercisable each month thereafter.
25% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter.
25% 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.
25% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
25% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
25% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.
25% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
This 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.
/s/ Andrew W. Kim, Attorney in Fact
2016-12-05