MARK G. MERRILL - 31 Jul 2023 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role: CTO
Signature: /s/ Andrew W. Kim, Attorney in Fact
Issuer symbol: NTGR
Transactions as of: 31 Jul 2023
Net transactions value: -$36,392
Form type: 4
Filing time: 02 Aug 2023, 13:59:25 UTC
Previous filing: 02 May 2023
Next filing: 02 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTGR	Common Stock	Tax liability	$36,392	-2,668	-4%	$13.64	64,786	31 Jul 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)						13	31 Jul 2023	Common Stock	13	$19.32	Direct	F1
holding	NTGR	Employee Stock Option (Right to Buy)						88	31 Jul 2023	Common Stock	88	$18.58	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						3,167	31 Jul 2023	Common Stock	3,167	$23.48	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						17,732	31 Jul 2023	Common Stock	17,732	$25.37	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						25,000	31 Jul 2023	Common Stock	25,000	$41.67	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						37,500	31 Jul 2023	Common Stock	37,500	$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.