MICHAEL A. WERDANN - 03 Aug 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role: SVP, World Wide Sales
Signature: /s/ Andrew W. Kim, Attorney in Fact
Issuer symbol: NTGR
Transactions as of: 03 Aug 2021
Net transactions value: -$104,438
Form type: 4
Filing time: 04 Aug 2021, 13:04:39 UTC
Previous filing: 03 Aug 2021
Next filing: 12 Oct 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	Sale	$25,829	-759	-1.5%	$34.03	48,226	03 Aug 2021	Direct	F1, F2
transaction	NTGR	Common Stock	Sale	$78,609	-2,310	-4.8%	$34.03	45,916	03 Aug 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
holding	NTGR	Employee Stock Option (Right to Buy)						16	03 Aug 2021	Common Stock	16	$18.58	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						41	03 Aug 2021	Common Stock	41	$23.48	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						821	03 Aug 2021	Common Stock	821	$25.37	Direct	F5
holding	NTGR	Employee Stock Option (Right to Buy)						18,000	03 Aug 2021	Common Stock	18,000	$41.67	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						15,625	03 Aug 2021	Common Stock	15,625	$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 August 29, 2019.
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 exercisable on 6/2/2016, 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.