Statement of Changes in Beneficial Ownership (4)
October 21 2020 - 06:13PM
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
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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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)
10/20/2020
|
(Street)
SAN JOSE, CA 95134
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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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 |
10/20/2020 |
|
M(1) |
|
13451 |
A |
$18.58 |
92545 |
D |
|
Common Stock |
10/20/2020 |
|
S(1) |
|
13451 |
D |
$35.00 |
79094 |
D |
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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
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. 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 Date |
7. 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) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Employee Stock Option (Right to
Buy) |
$19.33 |
|
|
|
|
|
|
(2) |
5/16/2023 |
Common Stock |
4 |
|
4 |
D |
|
Employee Stock Option (Right to
Buy) |
$19.32 |
|
|
|
|
|
|
(3) |
6/3/2024 |
Common Stock |
49 |
|
49 |
D |
|
Employee Stock Option (Right to
Buy) |
$18.58 |
10/20/2020 |
|
M (1) |
|
|
13451 |
(4) |
6/2/2025 |
Common Stock |
13451 |
$0.00 |
91 |
D |
|
Employee Stock Option (Right to
Buy) |
$23.48 |
|
|
|
|
|
|
(4) |
3/24/2026 |
Common Stock |
25000 |
|
25000 |
D |
|
Employee Stock Option (Right to
Buy) |
$25.37 |
|
|
|
|
|
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(5) |
6/1/2027 |
Common Stock |
25000 |
|
25000 |
D |
|
Employee Stock Option (Right to
Buy) |
$41.67 |
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|
|
|
|
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(4) |
1/25/2028 |
Common Stock |
25000 |
|
25000 |
D |
|
Employee Stock Option (Right to
Buy) |
$26.61 |
|
|
|
|
|
|
(4) |
7/19/2029 |
Common Stock |
35938 |
|
35938 |
D |
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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) |
25% of the option grant is
exerciseable on 5/16/2014, and 1/48 of the option grant is
exerciseable each month thereafter. |
(3) |
25% of the option grant is
exercisable on 6/3/2015, and 1/48 of the option grant is
exercisable each month thereafter |
(4) |
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. |
(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, 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
|
Director |
10% Owner |
Officer |
Other |
Kim Andrew Wonki
350 E. PLUMERIA DR.
SAN JOSE, CA 95134 |
|
|
SVP, Legal and Corp Dev |
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Signatures
|
/s/ Andrew W. Kim |
|
10/21/2020 |
**Signature of Reporting
Person |
Date |