0001209191-23-044350.txt : 20230803 0001209191-23-044350.hdr.sgml : 20230803 20230803115010 ACCESSION NUMBER: 0001209191-23-044350 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230802 FILED AS OF DATE: 20230803 DATE AS OF CHANGE: 20230803 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: 231138814 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: 20060828 FORMER COMPANY: FORMER CONFORMED NAME: NETGEAR INC DATE OF NAME CHANGE: 20000828 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-08-02 0 0001122904 NETGEAR, INC. NTGR 0001274461 WERDANN MICHAEL A 350 E. PLUMERIA DR. SAN JOSE CA 95134 0 1 0 0 SVP, World Wide Sales 1 Common Stock 2023-08-02 4 S 0 5454 14.28 D 56230 D Employee Stock Option (Right to Buy) 18.58 2025-06-02 Common Stock 16 16 D Employee Stock Option (Right to Buy) 23.48 2026-03-24 Common Stock 41 41 D Employee Stock Option (Right to Buy) 25.37 2027-06-01 Common Stock 821 821 D Employee Stock Option (Right to Buy) 41.67 2028-01-25 Common Stock 18000 18000 D Employee Stock Option (Right to Buy) 26.61 2029-07-19 Common Stock 13750 13750 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 August 10, 2021 and amended on August 9, 2022. 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 2023-08-03