Form 4 for NTGR NETGEAR, INC.
Accepted 2024-10-21 00:00:00 ET · period of report 2024-10-15 · accession 0000950170-24-116030 · 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 | 2024-10-21 | 2024-10-15 | NTGR | Badjate Pramod | Pres, GM, NFB | A - Grant | $0.00 | +165.0K | 165.0K | New | $0 |
| D | 2024-10-21 | 2024-10-15 | NTGR | Badjate Pramod | Pres, GM, NFB | A - Grant | $0.00 | +55.0K | 55.0K | 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 | 2024-10-15 | A | A | 165,000 | $0.00 | 165,000 | D | — | — | (F1) One-third (1/3rd) of the RSUs will vest on the one-year anniversary of the Vesting Start Date, July 31, 2024, and one-twelfth (1/12th) of the RSUs will vest each quarter thereafter on the quarterly anniversary of the Vesting Start Date (or if there is no corresponding day, on the last day of the quarter), provided that Participant (as defined in the applicable plan governing the equity award) continues to be a Service Provider (as defined in the applicable plan governing the equity award) through such date. |
| 2 | Derivative | Performace Restricted Stock Units | 2024-10-15 | A | A | 55,000 | $0.00 | 55,000 | D | — · — to — | 55,000 Common Stock | (F2) PSUs will become eligible to vest based upon the level of achievement of the performance-based vesting condition set forth in the Performance Matrix during the performance period beginning on April 27, 2024 and ending on December 31, 2026 or Adjusted Performance Period. 100% of the Eligible PSUs (if any) will vest on the three-year anniversary of the Vesting Start Date (7/31/24) provided that Participant continues to be a Service Provider through the Vesting Date; provided, however, that the vesting of the Eligible PSUs may be accelerated pursuant to (i) the applicable plan governing the equity award and (ii) the Change in Control and Severance Agreement by and between the Company and Participant. In no event shall any Eligible PSUs vest following termination of Participant's status as a Service Provider, except pursuant to the Severance Agreement. |