NETGEAR INC
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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FY2024 · Filed Feb 14, 2025
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Item 9B. Other Information
Insider Trading Arrangements
During the three months ended December 31, 2024, our Board of Directors and officers (as defined in Rule 16a-1(f)) under the Exchange Act adopted or terminated the contracts, instructions or written plans for the purchase or sale of the Company’s securities set forth in the table below.
| Type of Trading Arrangement | |||||||
| Name and Position | Action | Adoption/Termination Date | Rule 10b5-1* | Non-Rule 10b5-1** | Total Shares of Common Stock to be Sold*** | Total Shares of Common Stock to be Purchased | Expiration Date |
|---|---|---|---|---|---|---|---|
| Sarah Butterfass, Director | Adopted | 11/14/2024 | Yes | 40.0% net shares resulting from the vesting of 14,619 (gross) RSUs | N/A | 10/31/2025 | |
| Charles J Prober, Chief Executive Officer | Adopted | 11/20/2024 | Yes | 6.3% of net shares resulting from the vesting of 531,789 (gross) restricted stock and performance shares, 1,707 net shares from a prior ESPP purchase, and net shares to be purchased in Feb 2025 under ESPP | N/A | 11/21/2026 | |
| Bryan Murray, Chief Financial Officer | Adopted | 12/13/2024 | Yes | 10.0% of net shares resulting from the vesting of 68,438 (gross) restricted stock and performance shares, 2,199 net shares from prior ESPP purchases, and net shares to be purchased in Feb 2025 under ESPP | N/A | 12/12/2025 | |
| * Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. | |||||||
| ** “Non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K under the Exchange Act | |||||||
| *** Net shares issued with shares withheld to administratively facilitate the withholding and subsequent remittance of personal income and payroll taxes for the vesting of RSUs and PSUs. | |||||||
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