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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), a global leader in intelligent networking solutions designed to power extraordinary experiences, today announced that it granted inducement equity awards to new employees who recently joined the company.NETGEAR’s inducement plan is used exclusively for the grant of equity awards to individuals who were not previously employees of NETGEAR, or following a bona-fide period of non-employment with NETGEAR, in each case as an inducement material to such individuals entering into employment with NETGEAR pursuant to Nasdaq Listing Rule 5635(c)(4).The inducement awards granted to new employees joining NETGEAR consist of awards of time-based restricted stock units (“RSU’s”) covering 50,142 shares of NETGEAR common stock. One-third (1/3rd) of the total number of shares subject to each RSU Award will vest on the one-year anniversary of the RSU Award’s vesting commencement date and one-twelfth (1/12th) of the total number of shar Show less Read more
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