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NTGR NETGEAR Inc

14.70
-0.16 (-1.08%)
Last Updated: 17:15:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
NETGEAR Inc NASDAQ:NTGR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.16 -1.08% 14.70 14.68 14.70 14.71 14.55 14.70 40,866 17:15:50

Statement of Changes in Beneficial Ownership (4)

29/12/2020 8:07pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kim Andrew Wonki
2. Issuer Name and Ticker or Trading Symbol

NETGEAR, INC. [ NTGR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP, Legal and Corp Dev
(Last)          (First)          (Middle)

350 E. PLUMERIA DR.
3. Date of Earliest Transaction (MM/DD/YYYY)

12/28/2020
(Street)

SAN JOSE, CA 95134
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/28/2020  S(1)  1144 D$40.00 74087 D  
Common Stock 12/28/2020  M(1)  21211 A$25.37 95298 D  
Common Stock 12/28/2020  S(1)  21211 D$40.00 (2)74087 D  
Common Stock 12/28/2020  M(1)  517 A$25.37 74604 D  
Common Stock 12/28/2020  S(1)  517 D$40.00 74087 D  
Common Stock 12/28/2020  M(1)  6375 A$26.61 80462 D  
Common Stock 12/28/2020  S(1)  6375 D$40.00 74087 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy) $19.33            (3)5/16/2023 Common Stock 4  4 D  
Employee Stock Option (Right to Buy) $19.32            (4)6/3/2024 Common Stock 49  49 D  
Employee Stock Option (Right to Buy) $18.58            (5)6/2/2025 Common Stock 91  91 D  
Employee Stock Option (Right to Buy) $23.48            (5)3/24/2026 Common Stock 167  167 D  
Employee Stock Option (Right to Buy) $25.37 12/28/2020  M (1)    21728   (6)6/1/2027 Common Stock 21728 $0.00 3272 D  
Employee Stock Option (Right to Buy) $41.67            (5)1/25/2028 Common Stock 25000  25000 D  
Employee Stock Option (Right to Buy) $26.61 12/28/2020  M (1)    6375   (5)7/19/2029 Common Stock 6375 $0.00 24219 D  

Explanation of Responses:
(1) 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 17, 2020.
(2) 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.
(3) 25% of the option grant is exerciseable on 5/16/2014, and 1/48 of the option grant is exerciseable each month thereafter.
(4) 25% of the option grant is exercisable on 6/3/2015, and 1/48 of the option grant is exercisable each month thereafter
(5) 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.
(6) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Kim Andrew Wonki
350 E. PLUMERIA DR.
SAN JOSE, CA 95134


SVP, Legal and Corp Dev

Signatures
/s/ Andrew W. Kim12/29/2020
**Signature of Reporting PersonDate

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