Form 4 for NTGR NETGEAR, INC.
Accepted 2024-02-27 00:00:00 ET · period of report 2024-02-27 · accession 0000950170-24-021261 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-27 | 2024-02-27 | NTGR | Prober Charles J. | Chief Exective Off, Dir | A - Grant | $0.00 | +455.8K | 455.8K | New | $0 |
| D | 2024-02-27 | 2024-02-27 | NTGR | Prober Charles J. | Chief Exective Off, Dir | A - Grant | $0.00 | +455.8K | 455.8K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-27 | A | A | 455,820 | $0.00 | 455,820 | D | — | — | (F1) One-fourth (1/4th) of the Inducement RSUs shall vest on each of the first, second, third, and fourth anniversary of the Grant Date (with the first installment vesting on January 31, 2025), subject to Mr. Prober's continued service to the Company through each such date. |
| 2 | Derivative | Performace Restricted Stock Units | 2024-02-27 | A | A | 455,820 | $0.00 | 455,820 | D | — · — to — | 455,820 Common Stock | (F2) Performance-Based RSUs ("PRSUs") granted to the Reporting Person under Inducement Plan (F3) 1/3rd of the PSUs will be allocated to a Performance Period (PP) beginning on the date that Participant commenced employment with the Company and ending on December 31, 2024; 1/3rd of the PSUs will be allocated to a PP beginning on January 1, 2025, and ending on December 31, 2025; and 1/3rd of the PSUs will be allocated to a PP on January 1, 2026, and ending on December 31, 2026 based upon the level of achievement of the performance-based vesting condition set forth in the Performance Matrix during the applicable Performance Period or Adjusted Performance Period, or (ii) pursuant to the "True-Up" section in the Performance Matrix. 100% of the Eligible PSUs (if any) for each Tranche will vest on the anniversary of the Vesting Commencement Date that immediately follows the end of the Performance Period that relates to that Tranche, provided that Participant continues to be a Service Provider through that Vesting Date. |