NETGEAR, INC. — Director's Dealing 2010

Nov 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETGEAR, INC (NTGR)
CIK: 0001122904
Period of Report: 2010-10-29

Reporting Person: FAISON RALPH E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-29	Common Stock	M	25000	$14.00	Acquired	52000	Direct
2010-10-29	Common Stock	M	15000	$12.75	Acquired	67000	Direct
2010-10-29	Common Stock	M	8100	$18.97	Acquired	75100	Direct
2010-10-29	Common Stock	S	48100	$31.0399	Disposed	27000	Direct
2010-11-01	Common Stock	M	6900	$18.97	Acquired	33900	Direct
2010-11-01	Common Stock	M	1800	$14.75	Acquired	35700	Direct
2010-11-01	Common Stock	S	16700	$30.8376	Disposed	19000	Direct
2010-11-02	Common Stock	S	7000	$30.50	Disposed	12000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-29	Director Stock Option (right to buy)	$18.97	M	8100	Disposed	2015-05-18	Common Stock (8100)	Direct
2010-10-29	Director Stock Option (right to buy)	$14	M	25000	Disposed	2013-07-30	Common Stock (25000)	Direct
2010-10-29	Director Stock Option (right to buy)	$12.75	M	15000	Disposed	2014-06-16	Common Stock (15000)	Direct
2010-11-01	Director Stock Option (right to buy)	$14.75	M	1800	Disposed	2019-06-02	Common Stock (1800)	Direct
2010-11-01	Director Stock Option (right to buy)	$18.97	M	6900	Disposed	2015-05-18	Common Stock (6900)	Direct

Footnotes

F1: 100% of this option grant is exercisable on 05/18/2005, the grant date. Shares underlying the option are restricted from transfer, with the restriction lapsing on the date of the Issuer's 2006 Annual Meeting of Stockholders, which was held on May 23, 2006.

F2: This stock option was granted under the NETGEAR, Inc. 2000 Option Plan on July 30, 2003. Such option becomes exercisable at a rate of 1/3rd of the option on each anniversary of the grant date.

F3: The option was granted under the NETGEAR, Inc. 2006 Long-Term Incentive Plan. The option becomes exercisable in full on the date of the Issuer's 2010 Annual Meeting of Stockholders.

F4: The sale price reported in column 4 of Table I for the October 29, 2010 transactions represents the weighted average sale price of the shares sold ranging from $30.77 to $31.37 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

F5: The sale price reported in column 4 of Table I for the November 1, 2010 transactions represents the weighted average sale price of the shares sold ranging from $30.56 to $31.15 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.