0001122904-19-000195.txt : 20190726
0001122904-19-000195.hdr.sgml : 20190726
20190726174806
ACCESSION NUMBER: 0001122904-19-000195
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190725
FILED AS OF DATE: 20190726
DATE AS OF CHANGE: 20190726
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WERDANN MICHAEL A
CENTRAL INDEX KEY: 0001274461
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50350
FILM NUMBER: 19978849
MAIL ADDRESS:
STREET 1: 4500 GREAT AMERICAN PARKWAY
STREET 2: C/O NETGEAR INC
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
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
4
1
wf-form4_156417766927855.xml
FORM 4
X0306
4
2019-07-25
0
0001122904
NETGEAR, INC
NTGR
0001274461
WERDANN MICHAEL A
WERDANN MICHAEL A
350 E. PLUMERIA DR. SAN JOSE
CA
95134
0
1
0
0
SVP of Worldwide Sales
Common Stock
2019-07-25
4
M
0
745
18.58
A
31292
D
Common Stock
2019-07-25
4
S
0
745
31
D
30547
D
Common Stock
2019-07-25
4
M
0
1118
23.48
A
31665
D
Common Stock
2019-07-25
4
M
0
1118
25.37
A
32783
D
Common Stock
2019-07-25
4
S
0
2236
32.32
D
30547
D
Employee Stock Option (Right to Buy)
18.58
2019-07-25
4
M
0
745
0
D
2015-06-02
2025-06-02
Common Stock
745.0
16
D
Employee Stock Option (Right to Buy)
23.48
2019-07-25
4
M
0
1118
0
D
2016-03-24
2026-03-24
Common Stock
1118.0
3393
D
Employee Stock Option (Right to Buy)
25.37
2019-07-25
4
M
0
1118
0
D
2027-06-01
Common Stock
1118.0
8643
D
Common Stock
70.15
2028-01-25
Common Stock
18000.0
18000
D
Common Stock
26.61
2029-07-19
Common Stock
30000.0
30000
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 October 27, 2017.
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.
25% of the option grant is exercisable on 6/2/2016, 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.
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, June 1, 2017, 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
2019-07-26