NETGEAR, INC. — Director's Dealing 2014

May 20, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETGEAR, INC (NTGR)
CIK: 0001122904
Period of Report: 2014-05-16

Reporting Person: MERRILL MARK G (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-16	Common Stock	F	483	$33.04	Disposed	4517	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$21.10	2020-02-02	Common Stock (1251)	1251	Direct
Employee Stock Option (Right to Buy)	$31.31	2022-06-06	Common Stock (6000)	6000	Direct
Employee Stock Option (Right to Buy)	$32.54	2023-05-16	Common Stock (15000)	15000	Direct

Footnotes

F1: 25% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter.

F2: 25% of the option grant is exercisable on 6/6/2013, and 1/48 of the option grant is exercisable each month thereafter.

F3: 25% of the option grant is exercisable on 5/16/2014, and 1/48 of the option grant is exercisable each month thereafter.