NETGEAR, INC. — Director's Dealing 2010

Jun 11, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETGEAR, INC (NTGR)
CIK: 0001122904
Period of Report: 2010-06-09

Reporting Person: LACY LINWOOD A JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-09	Common Stock	M	61250	$6.00	Acquired	261350	Direct
2010-06-09	Common Stock	M	15000	$12.75	Acquired	276350	Direct
2010-06-09	Common Stock	M	1800	$14.75	Acquired	278150	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-09	Director Stock Option (right to buy)	$6	M	61250	Disposed	2012-09-11	Common Stock (61250)	Direct
2010-06-09	Director Stock Option (right to buy)	$12.75	M	15000	Disposed	2014-06-16	Common Stock (15000)	Direct
2010-06-09	Director Stock Option (right to buy)	$14.75	M	1800	Disposed	2019-06-02	Common Stock (1800)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Director Stock Option (right to buy)	$18.97	2015-05-18	Common Stock (15000)	15000	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 September 11, 2002. Such option becomes exercisable at a rate of 1/4th of the option on September 11, 2003 and 1/48th of the shares on each one-month anniversary thereafter.

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.