Mark G. Merrill - Sep 15, 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role: CTO
Signature: /s/ Andrew W. Kim, Attorney in Fact
Stock symbol: NTGR
Transactions as of: Sep 15, 2021
Transactions value $: -$36,765
Form type: 4
Date filed: 9/16/2021, 06:55 PM
Previous filing: Aug 17, 2021
Next filing: Oct 21, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTGR	Common Stock	Options Exercise	$76.1K	+3K	+5.02%	$25.37	62.7K	Sep 15, 2021	Direct	F1
transaction	NTGR	Common Stock	Sale	-$96.8K	-3K	-4.78%	$32.25	59.7K	Sep 15, 2021	Direct	F1
transaction	NTGR	Common Stock	Sale	-$16.1K	-500	-0.84%	$32.25	59.2K	Sep 15, 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	-3K	-12.64%	$0.00	20.7K	Sep 15, 2021	Common Stock	3K	$25.37	Direct	F1, F4
holding	NTGR	Employee Stock Option (Right to Buy)						13	Sep 15, 2021	Common Stock	13	$19.32	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						88	Sep 15, 2021	Common Stock	88	$18.58	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						3.17K	Sep 15, 2021	Common Stock	3.17K	$23.48	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						25K	Sep 15, 2021	Common Stock	25K	$41.67	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						37.5K	Sep 15, 2021	Common Stock	37.5K	$26.61	Direct	F3

* 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	25% of the options will be exercisable on 6/03/2015, and 1/48 of the option grant is exercisable each month thereafter
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, 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
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, 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.