NETGEAR, INC. — Director's Dealing 2011

May 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETGEAR, INC (NTGR)
CIK: 0001122904
Period of Report: 2011-05-06

Reporting Person: PARKER GEORGE GC (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-03	Common Stock	M	1800	$1800	Acquired	14200	Direct
2011-05-06	Common Stock	S	7800	$39.7805	Disposed	6400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-06	Director Stock Option (right to buy)	$14.75	M	1800	Disposed	2019-06-02	Common Stock (1800)	Direct

Footnotes

F1: 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.

F2: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $39.75 to $39.91 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.