Actionable news
0
All posts from Actionable news
Actionable news in NTGR: NETGEAR, Inc.,

SVP of NETGEAR just cashed-in 3,054 options

Michael F Falcon, SVP of NETGEAR, recently cashed-in 3,054 options. The options were exercised at prices ranging between $20.80 and $21.10, while the disposals took place at $39.46 per share, on April 26, 2016. Falcon continues to hold 37,579 shares of the company. Falcon operates out of San Jose, CA. Some additional info was provided as follows:

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 26, 2016. 25% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter. 25% of the shares subject to the option shall vest 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. 25% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter. 25% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter. 25% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter. 25% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter. 25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter. 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.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever NETGEAR makes a similar move, sign up!

Other recent filings from the company include the following:

Additional definitive proxy soliciting materials and Rule 14(a)(12) material - April 20, 2016
NETGEAR releases salary data. CEO sees compensation rise 4% - April 20, 2016
Amendments to Articles of Incorporation or - April 20, 2016