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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $ 15.35 | (1) | 03/11/2015 | Common Stock | 3,750 | 3,750 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 17.5 | (2) | 10/24/2013 | Common Stock | 1,876 | 1,876 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 14.79 | (3) | 02/26/2014 | Common Stock | 4,167 | 4,167 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 22.68 | (4) | 05/23/2016 | Common Stock | 5,000 | 5,000 | D | ||||||||
Restricted Stock Unit | (5) | (6) | (7) | Common Stock | 3,000 | 3,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 29.23 | (8) | 01/12/2007 | Common Stock | 5,000 | 5,000 | D | ||||||||
Restricted Stock Unit | (5) | (9) | (7) | Common Stock | 3,000 | 3,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WERDANN MICHAEL A NETGEAR, INC. 4500 GREAT AMERICA PARKWAY SANTA CLARA, CA 95054 |
VP, North America Sales |
/s/ Michael A. Werdann | 05/25/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 100% of this option grant is exercisable on 3/11/05, the grant date. Shares underlying the option are restricted from transfer, with the restriction lapsing with respect to 25% of the shares on each subsequent anniversary of the grant date, so that all underlying shares will be free from transfer restrictions on 3/11/09. |
(2) | 25% of the option grant is exercisable on 10/24/2004, and 1/48 of the option grant is exercisable each month thereafter. |
(3) | 25% of the option grant is exercisable on 2/26/2005, and 1/48 of the option grant is exercisable each month thereafter. |
(4) | 25% of the option grant is exercisable on 05/23/2007, and 1/48 of the option grant is exercisable each month thereafter. |
(5) | Converts to common stock on a one-for-one basis. |
(6) | Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 5/23/06, the vest start date, so that all of the units will have vested on 5/23/10. |
(7) | Not applicable. |
(8) | 25% of the option grant is exercisable on 1/12/08, and 1/48 of the option grant is exercisable each month thereafter. |
(9) | Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/12/07, the vest start date, so that all of the units will have vested on 1/12/11. |