Andrew Kim - Jul 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: Jul 19, 2021
Transactions value $: -$8,156
Form type: 4
Date filed: 7/21/2021, 01:12 PM
Previous filing: Jul 19, 2021
Next filing: Aug 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTGR	Common Stock	Options Exercise	$20.8K	+782	+0.95%	$26.61	82.9K	Jul 19, 2021	Direct	F1
transaction	NTGR	Common Stock	Sale	-$29K	-782	-0.94%	$37.04	82.1K	Jul 19, 2021	Direct	F1

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	-782	-4%	$0.00	18.8K	Jul 19, 2021	Common Stock	782	$26.61	Direct	F1, F4
holding	NTGR	Employee Stock Option (Right to Buy)						4	Jul 19, 2021	Common Stock	4	$19.33	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						49	Jul 19, 2021	Common Stock	49	$19.32	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						91	Jul 19, 2021	Common Stock	91	$18.58	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						167	Jul 19, 2021	Common Stock	167	$23.48	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						167	Jul 19, 2021	Common Stock	167	$25.37	Direct	F5
holding	NTGR	Employee Stock Option (Right to Buy)						25K	Jul 19, 2021	Common Stock	25K	$41.67	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 August 17, 2020.
F2	25% of the option grant is exerciseable on 5/16/2014, and 1/48 of the option grant is exerciseable each month thereafter.
F3	25% of the option grant is exercisable on 6/3/2015, 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.