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NETGEAR, INC. (NASDAQ:NTGR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

NETGEAR, INC. (NASDAQ:NTGR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) On February 26, 2019, the Board of Directors (the “Board”) of NETGEAR, Inc. (“NETGEAR”) elected Janice M. Roberts to serve as a member of the Board, effective immediately.
Upon joining the Board, Ms. Roberts received a grant of one thousand four hundred sixty three (1,463) restricted stock units, which will vest on the date of NETGEARs 2019 Annual Meeting of Stockholders, subject to Ms. Roberts continuing to serve as a member of the Board until such date. NETGEAR and Ms. Roberts also entered into NETGEAR’s standard Indemnification Agreement for directors.
On February 27, 2019, NETGEAR issued a press release announcing the appointment of Ms. Roberts to the Board. The full text of the press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
NETGEAR, INC Exhibit
EX-99.1 2 exhibit991pressrelease_new.htm PRESS RELEASE Exhibit NEWS RELEASENETGEAR APPOINTS JANICE ROBERTS TO BOARD OF DIRECTORSSAN JOSE,…
To view the full exhibit click here

About NETGEAR, INC. (NASDAQ:NTGR)

NETGEAR, Inc. is a global networking company. The Company’s product line consists of devices, such as network attached storage, Internet protocol security cameras, and home automation devices and services. Its segments include retail, commercial and service provider. The retail business unit consists of home networking, home video security, storage and digital media products. The commercial business unit consists of business networking, storage and security solutions. The service provider business unit consists of whole home networking hardware and software solutions, as well as fourth-generation long term evolution hotspots sold to service providers for sale to their subscribers. It has operations in the Americas, Europe, Middle-East and Africa, and Asia Pacific. The Company sells its products through multiple sales channels, including traditional retailers, online retailers, wholesale distributors, direct market resellers, value-added resellers and broadband service providers.

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