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Stock impact report

NETGEAR® Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NETGEAR, Inc. (NTGR) 
Last netgear, inc. earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.netgear.com
Company Research Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (Nasdaq: NTGR), the leading provider of innovative and secure solutions for people to connect and manage their digital lives, today announced that it granted inducement equity awards on May 30, 2024 to newly-hired General Counsel and Chief Privacy Officer, Kirsten Daru, and newly-hired VP, Strategy & Partnership, Antonio Lopez Reus. The awards were granted in accordance with Nasdaq Listing Rule 5635(c)(4) as a material inducement to Ms. Daru’s and Mr. Lopez Reus’ employment with NETGEAR.The inducement awards consist of (1) an award of time-based restricted stock units (“RSUs”) relating to 101,250 shares of NETGEAR’s common stock to Ms. Daru, (2) an award of time-based RSUs relating to 58,479 shares of NETGEAR’s common stock to Mr. Lopez Reus (each, an “RSU Award”), and (3) an award of performance-based RSUs with a target amount of 33,750 shares of NETGEAR’s common stock to Ms. Daru (the “PSU Award”).One-third (1/3rd) of the total nu Show less Read more
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