NETGEAR, INC. — Director's Dealing 2015

May 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETGEAR, INC (NTGR)
CIK: 0001122904
Period of Report: 2015-05-18

Reporting Person: MERRILL MARK G (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-18	Common Stock	F	485	$31.03	Disposed	9032	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
Employee Stock Option (Right to Buy)	$32.52	2024-06-03	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.

F4: 25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter.