Andrew Kim - May 19, 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role: SVP, Legal and Corp Dev
Signature: /s/ Andrew W. Kim
Stock symbol: NTGR
Transactions as of: May 19, 2021
Transactions value $: -$7,818
Form type: 4
Date filed: 5/21/2021, 01:40 PM
Next filing: Jun 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTGR	Common Stock	Options Exercise	$20.8K	+781	+1.22%	$26.61	65K	May 19, 2021	Direct	F1
transaction	NTGR	Common Stock	Sale	-$28.6K	-781	-1.2%	$36.62	64.2K	May 19, 2021	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NTGR	Employee Stock Option (Right to Buy)	Options Exercise	$0	-781	-3.7%	$0.00	20.3K	May 19, 2021	Common Stock	781	$26.61	Direct	F1, F5
holding	NTGR	Employee Stock Option (Right to Buy)						4	May 19, 2021	Common Stock	4	$19.33	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						49	May 19, 2021	Common Stock	49	$19.32	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						91	May 19, 2021	Common Stock	91	$18.58	Direct	F5
holding	NTGR	Employee Stock Option (Right to Buy)						167	May 19, 2021	Common Stock	167	$23.48	Direct	F5
holding	NTGR	Employee Stock Option (Right to Buy)						1.2K	May 19, 2021	Common Stock	1.2K	$25.37	Direct	F6
holding	NTGR	Employee Stock Option (Right to Buy)						25K	May 19, 2021	Common Stock	25K	$41.67	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.