Andrew Kim - Dec 15, 2023 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role: SVP, Legal and Corp Dev
Signature: /s/ Andrew W. Kim
Stock symbol: NTGR
Transactions as of: Dec 15, 2023
Transactions value $: -$83,455
Form type: 4
Date filed: 12/15/2023, 04:36 PM
Previous filing: Nov 16, 2023
Next filing: Jan 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTGR	Common Stock	Sale	-$83.5K	-5.59K	-5.32%	$14.94	99.3K	Dec 15, 2023	Direct	F1, F2, F3

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)						4	Dec 15, 2023	Common Stock	4	$19.33	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						49	Dec 15, 2023	Common Stock	49	$19.32	Direct	F5
holding	NTGR	Employee Stock Option (Right to Buy)						91	Dec 15, 2023	Common Stock	91	$18.58	Direct	F6
holding	NTGR	Employee Stock Option (Right to Buy)						167	Dec 15, 2023	Common Stock	167	$23.48	Direct	F6
holding	NTGR	Employee Stock Option (Right to Buy)						167	Dec 15, 2023	Common Stock	167	$25.37	Direct	F7
holding	NTGR	Employee Stock Option (Right to Buy)						25K	Dec 15, 2023	Common Stock	25K	$41.67	Direct	F6
holding	NTGR	Employee Stock Option (Right to Buy)						17.2K	Dec 15, 2023	Common Stock	17.2K	$26.61	Direct	F6

* 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 July 28, 2023.
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	Includes 24 shares acquired under the NETGEAR, Inc. Employee Stock Purchase Plan
F4	25% of the option grant is exerciseable on 5/16/2014, and 1/48 of the option grant is exerciseable each month thereafter.
F5	25% of the option grant is exercisable on 6/3/2015, and 1/48 of the option grant is exercisable each month thereafter
F6	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.
F7	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.