Sec Form 4 Filing - LO PATRICK CS @ NETGEAR, INC - 2017-08-01

Insider filing report for Changes in Beneficial Ownership
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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
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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1. Name and Address of Reporting Person
LO PATRICK CS
2. Issuer Name and Ticker or Trading Symbol
NETGEAR, INC [ NTGR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman and CEO
(Last) (First) (Middle)
NETGEAR, INC., 350 E. PLUMERIA DR.
3. Date of Earliest Transaction (MM/DD/YY)
08/01/2017
(Street)
SAN JOSE, CA95134
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 123,365 I See footnote ( 1 )
Common Stock 147,668 I See footnote ( 2 )
Common Stock 08/01/2017 M( 3 ) 4,000 A $ 11.41 183,125 D
Common Stock 08/01/2017 S( 3 ) 4,000 D $ 47.84 179,125 D
Common Stock 08/01/2017 M( 4 ) 5,900 A $ 28.79 185,025 D
Common Stock 08/01/2017 S( 4 ) 5,900 D $ 47.83 179,125 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 28.79 08/01/2017 M( 4 ) 5,900 ( 5 ) 01/11/2018 Common Stock 5,900 $ 0 23,300 D
Employee Stock Option (Right to Buy) $ 11.41 08/01/2017 M( 3 ) 4,000 ( 6 ) 01/16/2019 Common Stock 4,000 $ 0 58,000 D
Employee Stock Option (Right to Buy) $ 21.1 ( 7 ) 02/02/2020 Common Stock 100,000 100,000 D
Employee Stock Option (Right to Buy) $ 20.8 ( 8 ) 06/13/2020 Common Stock 40,000 40,000 D
Employee Stock Option (Right to Buy) $ 35.32 ( 9 ) 02/03/2021 Common Stock 100,000 100,000 D
Employee Stock Option (Right to Buy) $ 33.15 ( 10 ) 04/26/2021 Common Stock 40,000 40,000 D
Employee Stock Option (Right to Buy) $ 31.31 ( 11 ) 06/06/2022 Common Stock 100,000 100,000 D
Employee Stock Option (Right to Buy) $ 32.54 ( 12 ) 05/16/2023 Common Stock 108,510 108,510 D
Employee Stock Option (Right to Buy) $ 32.52 ( 13 ) 06/03/2024 Common Stock 100,000 100,000 D
Employee Stock Option (Right to Buy) $ 31.28 ( 14 ) 06/02/2025 Common Stock 100,000 100,000 D
Employee Stock Option (Right to Buy) $ 39.53 ( 14 ) 03/24/2026 Common Stock 115,000 115,000 D
Employee Stock Option (Right to Buy) $ 42.7 ( 15 ) 06/01/2027 Common Stock 115,000 115,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LO PATRICK CS
NETGEAR, INC.
350 E. PLUMERIA DR.
SAN JOSE, CA95134
X Chairman and CEO
Signatures
/s/ Andrew W. Kim, Attorney in Fact 08/03/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares are held by the Patrick and Emily Lo Revocable Trust dated 4-7-99.
( 2 )The shares are held by the education trusts of Mr. Lo's children. Mr. Lo is a co-trustee of each such trust.
( 3 )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 February 9, 2017.
( 4 )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 May 12, 2016
( 5 )25% of the option grant is exercisable on 1/11/2009, and 1/48 of the option grant is exercisable each month thereafter.
( 6 )25% of the option grant is exercisable on 1/16/2010, and 1/48 of the option grant is exercisable each month thereafter.
( 7 )25% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter.
( 8 )25% of the shares subject to the option shall vest twelve months on 6/13/2011, and 1/48th 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.
( 9 )25% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
( 10 )25% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
( 11 )25% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.
( 12 )25% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.
( 13 )25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.
( 14 )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.
( 15 )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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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