- NETGEAR granted 68,342 time-based RSUs as inducement material to new employees.
- Vesting: one-third on one-year anniversary, one-twelfth quarterly thereafter.
NETGEAR (NTGR) announced inducement grants of 68,342 restricted stock units to new hires. The RSUs vest over three years with a one-year cliff. The awards are material to employment under Nasdaq Rule 5635(c)(4).
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