Murray Bryan - Jul 31, 2023 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role: CFO
Signature: /s/ Andrew Wonki Kim, Attorney-In-Fact
Stock symbol: NTGR
Transactions as of: Jul 31, 2023
Transactions value $: -$63,385
Form type: 4
Date filed: 8/2/2023, 01:32 PM
Previous filing: Jul 19, 2023
Next filing: Apr 29, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTGR	Common Stock	Tax liability	-$63.4K	-4.65K	-3.2%	$13.64	141K	Jul 31, 2023	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)						5	Jul 31, 2023	Common Stock	5	$19.99	Direct	F1
holding	NTGR	Employee Stock Option (Right to Buy)						1	Jul 31, 2023	Common Stock	1	$16.37	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						25K	Jul 31, 2023	Common Stock	25K	$38.32	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						30K	Jul 31, 2023	Common Stock	30K	$26.61	Direct	F3

* 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 4/22/2015, and 1/48 of the option grant is exercisable each month thereafter
F2	25% of the option grant is exercisable on 4/18/2014, 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.