Mark G. Merrill - Jan 31, 2022 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role: CTO
Signature: /s/ Andrew W. Kim, Attorney in Fact
Stock symbol: NTGR
Transactions as of: Jan 31, 2022
Transactions value $: -$22,302
Form type: 4
Date filed: 2/2/2022, 12:08 PM
Previous filing: Oct 21, 2021
Next filing: Apr 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTGR	Common Stock	Tax liability	-$22.3K	-806	-1.37%	$27.67	57.9K	Jan 31, 2022	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)						13	Jan 31, 2022	Common Stock	13	$19.32	Direct	F1
holding	NTGR	Employee Stock Option (Right to Buy)						88	Jan 31, 2022	Common Stock	88	$18.58	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						3.17K	Jan 31, 2022	Common Stock	3.17K	$23.48	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						17.7K	Jan 31, 2022	Common Stock	17.7K	$25.37	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						25K	Jan 31, 2022	Common Stock	25K	$41.67	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						37.5K	Jan 31, 2022	Common Stock	37.5K	$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 options will be exercisable on 6/03/2015, 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.