Michael A. Werdann - Jun 30, 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role: SVP, World Wide Sales
Signature: /s/ Andrew W. Kim, Attorney in Fact
Stock symbol: NTGR
Transactions as of: Jun 30, 2021
Transactions value $: -$34,641
Form type: 4
Date filed: 7/1/2021, 06:47 PM
Previous filing: May 19, 2021
Next filing: Jul 6, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTGR	Common Stock	Tax liability	-$34.6K	-904	-2.65%	$38.32	33.3K	Jun 30, 2021	Direct

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
holding	NTGR	Employee Stock Option (Right to Buy)						16	Jun 30, 2021	Common Stock	16	$18.58	Direct	F1
holding	NTGR	Employee Stock Option (Right to Buy)						41	Jun 30, 2021	Common Stock	41	$23.48	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						1.19K	Jun 30, 2021	Common Stock	1.19K	$25.37	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						18K	Jun 30, 2021	Common Stock	18K	$41.67	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						16.9K	Jun 30, 2021	Common Stock	16.9K	$26.61	Direct	F2

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

Explanation of Responses:

Id	Content
F1	25% of the option grant is exercisable on 6/2/2016, and 1/48 of the option grant is exercisable each month thereafter.
F2	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.
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, 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.