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NETGEAR, INC. Director's Dealing 2010

Apr 28, 2010

32299_dirs_2010-04-28_467bec7c-fb70-4cc3-bdb9-7caa4d9cf1c2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETGEAR, INC (NTGR)
CIK: 0001122904
Period of Report: 2010-04-26

Reporting Person: GODWIN A TIMOTHY (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-04-26 Common Stock S 7000 $28.25 Disposed 3415 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 21400 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
Director Stock Option (right to buy) $14 2013-07-30 Common Stock (35000) 35000 Direct
Director Stock Option (right to buy) $12.75 2014-06-16 Common Stock (15000) 15000 Direct
Director Stock Option (right to buy) $14.75 2019-06-02 Common Stock (1800) 1800 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: This 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.