NETGEAR, INC. — Director's Dealing 2021

Apr 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETGEAR, INC. (NTGR)
CIK: 0001122904
Period of Report: 2021-04-20

Reporting Person: Cormack Heidi (SVP, Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-20	Common Stock	S	2104	$37.37	Disposed	35827	Direct
2021-04-20	Common Stock	M	16406	$26.61	Acquired	52233	Direct
2021-04-20	Common Stock	S	16406	$37.36	Disposed	35827	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-20	Employee Stock Option (Right to Buy)	$26.61	M	16406	Disposed	2029-07-19	Common Stock (16406)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$41.67	2028-01-25	Common Stock (25253)	25253	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 February 8, 2021.

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: 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