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NETGEAR, INC. Director's Dealing 2010

Mar 3, 2010

32299_dirs_2010-03-03_105fa714-a813-4b61-9a62-e91c9756744e.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: 2010-03-02

Reporting Person: Shimer Julie Ann (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-03-02 Common Stock M 2667 Acquired 19400 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-03-02 Restricted Stock Units $ M 2667 Disposed Common Stock (2667) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Director Stock Option (right to buy) $14.75 2019-06-02 Common Stock (1800) 1800 Direct

Footnotes

F1: Converts to common stock on a one for one basis.

F2: 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.

F3: Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 1/3 of the original units granted vest on each anniversary of 3/2/07, the vesting commencement date, so that all of the units will have vested on 3/2/2010.

F4: Not applicable.

F5: Acquired pursuant to the vesting of restricted stock units which convert to common stock on a one-for-one basis.