0001181431-11-025915.txt : 20110428 0001181431-11-025915.hdr.sgml : 20110428 20110428163602 ACCESSION NUMBER: 0001181431-11-025915 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110426 FILED AS OF DATE: 20110428 DATE AS OF CHANGE: 20110428 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: 11788993 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 rrd309704.xml FORM 4 MICHAEL A. WERDANN (4/28/2011) X0303 4 2011-04-26 0 0001122904 NETGEAR, INC NTGR 0001274461 WERDANN MICHAEL A NETGEAR, INC. 350 E. PLUMERIA DR. SAN JOSE CA 95134 0 1 0 0 VP, Worldwide Retail Sales Common Stock 2011-04-26 4 A 0 4800 0 A 4800 D Restricted Stock Units Common Stock 1500 1500 D Employee Stock Option (Right to Buy) 28.79 2018-01-11 Common Stock 3438 3438 D Employee Stock Option (Right to Buy) 11.41 2019-01-16 Common Stock 7501 7501 D Restricted Stock Units Common Stock 3000 3000 D Employee Stock Option (Right to Buy) 21.10 2020-02-02 Common Stock 11250 11250 D Employee Stock Option (Right to Buy) 20.80 2020-06-13 Common Stock 12000 12000 D Employee Stock Option (Right to Buy) 35.32 2021-02-03 Common Stock 15000 15000 D Common Stock 33.15 2011-04-26 4 A 0 2400 0 A 2021-04-26 Common Stock 2400 2400 D Converts to common stock on a one for one basis. Not applicable. 25% of the option grant is exercisable on 1/11/2009, and 1/48 of the option grant is exercisable each month thereafter. Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/11/2008, the vest start date, so that all of the units will have vested on 1/11/2012. 25% of the option grant is exercisable on 1/16/2010, and 1/48 of the option grant is exercisable each month thereafter. Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/16/2009, the vesting start date, so that all of the units will have vested on 1/16/2013. 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 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. Shares are 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 4/26/2011, the vesting start date, so that all of the units will have vested on 4/26/2015. 25% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter. /s/ Andrew W. Kim, Attorney in Fact 2011-04-28