NETGEAR, INC. — Director's Dealing 2020

Dec 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETGEAR, INC. (NTGR)
CIK: 0001122904
Period of Report: 2020-12-28

Reporting Person: Bryan Murray (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-28	Common Stock	S	350	$40.00	Disposed	51477	Direct
2020-12-28	Common Stock	S	1823	$40.00	Disposed	49654	Direct
2020-12-28	Common Stock	M	5000	$26.61	Acquired	54654	Direct
2020-12-28	Common Stock	S	5000	$40.01	Disposed	49654	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-28	Employee Stock Option (Right to Buy)	$26.61	M	5000	Disposed	2029-07-19	Common Stock (5000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$19.99	2024-04-22	Common Stock (5)	5	Direct
Employee Stock Option (Right to Buy)	$16.37	2023-04-18	Common Stock (1)	1	Direct
Employee Stock Option (Right to Buy)	$38.32	2028-08-02	Common Stock (30000)	30000	Direct

Footnotes

F1: The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 31, 2020.

F2: The price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold. Upon request from the Commission staff, the Issuer, or a security holders of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

F3: 25% of the option grant is exercisable on 4/22/2015, and 1/48 of the option grant is exercisable each month thereafter

F4: 25% of the option grant is exercisable on 4/18/2014, and 1/48 of the option grant is exercisable each month thereafter.

F5: This Option shall be exercisable, in whole or in part, in accordance with the following schedule: 25% of the Shares subject to the Option shall vest twelve months after the Vesting Start Date, and 1/48 of the Shares subject to the Option shall vest each month thereafter, subject to the Optionee continuing to be a Service Provider on such dates.