MARK G. MERRILL - 15 Jun 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role: CTO
Signature: /s/ Andrew W. Kim, Attorney in Fact
Issuer symbol: NTGR
Transactions as of: 15 Jun 2021
Net transactions value: -$107,245
Form type: 4
Filing time: 17 Jun 2021, 14:20:08 UTC
Previous filing: 21 May 2021
Next filing: 01 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTGR	Common Stock	Options Exercise	$23,480	+1,000	+2.1%	$23.48	48,283	15 Jun 2021	Direct	F1
transaction	NTGR	Common Stock	Sale	$40,820	-1,000	-2.1%	$40.82	47,283	15 Jun 2021	Direct	F1, F2
transaction	NTGR	Common Stock	Sale	$20,425	-500	-1.1%	$40.85	46,783	15 Jun 2021	Direct	F1, F2
transaction	NTGR	Common Stock	Options Exercise	$70,440	+3,000	+6.4%	$23.48	49,783	15 Jun 2021	Direct	F1
transaction	NTGR	Common Stock	Sale	$122,550	-3,000	-6%	$40.85	46,783	15 Jun 2021	Direct	F1, F2
transaction	NTGR	Common Stock	Options Exercise	$23,480	+1,000	+2.1%	$23.48	47,783	15 Jun 2021	Direct	F1
transaction	NTGR	Common Stock	Sale	$40,850	-1,000	-2.1%	$40.85	46,783	15 Jun 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	-5,000	-34%	$0.000000	9,899	15 Jun 2021	Common Stock	5,000	$23.48	Direct	F1, F4
holding	NTGR	Employee Stock Option (Right to Buy)						13	15 Jun 2021	Common Stock	13	$19.32	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						88	15 Jun 2021	Common Stock	88	$18.58	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						25,000	15 Jun 2021	Common Stock	25,000	$25.37	Direct	F5
holding	NTGR	Employee Stock Option (Right to Buy)						25,000	15 Jun 2021	Common Stock	25,000	$41.67	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						37,500	15 Jun 2021	Common Stock	37,500	$26.61	Direct	F4

* 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 October 26, 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 options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter
F4	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
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, 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.