NETGEAR, INC. — Director's Dealing 2020

Dec 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETGEAR, INC. (NTGR)
CIK: 0001122904
Period of Report: 2020-12-16

Reporting Person: Kim Andrew Wonki (SVP, Legal and Corp Dev)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-16	Common Stock	M	3000	$23.48	Acquired	79866	Direct
2020-12-16	Common Stock	S	3000	$37.50	Disposed	76866	Direct
2020-12-16	Common Stock	M	18663	$23.48	Acquired	95529	Direct
2020-12-16	Common Stock	S	18663	$37.50	Disposed	76866	Direct
2020-12-16	Common Stock	M	3170	$23.48	Acquired	80036	Direct
2020-12-16	Common Stock	S	3170	$37.54	Disposed	76866	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-16	Employee Stock Option (Right to Buy)	$23.48	M	24833	Disposed	2026-03-24	Common Stock (24833)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$19.33	2023-05-16	Common Stock (4)	4	Direct
Employee Stock Option (Right to Buy)	$19.32	2024-06-03	Common Stock (49)	49	Direct
Employee Stock Option (Right to Buy)	$18.58	2025-06-02	Common Stock (91)	91	Direct
Employee Stock Option (Right to Buy)	$25.37	2027-06-01	Common Stock (25000)	25000	Direct
Employee Stock Option (Right to Buy)	$41.67	2028-01-25	Common Stock (25000)	25000	Direct
Employee Stock Option (Right to Buy)	$26.61	2029-07-19	Common Stock (32156)	32156	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 17, 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 exerciseable on 5/16/2014, and 1/48 of the option grant is exerciseable each month thereafter.

F4: 25% of the option grant is exercisable on 6/3/2015, 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.

F6: 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, June 1, 2017, 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.