Andrew Kim - 28 May 2021 Form 4 Insider Report for NETGEAR, INC. (NTGR)

Role: SVP, Legal and Corp Dev
Signature: /s/ Andrew W. Kim
Issuer symbol: NTGR
Transactions as of: 28 May 2021
Transactions value $: -$7,352
Form type: 4
Filing time: 01 Jun 2021, 14:17:21 UTC
Previous filing: 21 May 2021
Next filing: 09 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTGR	Common Stock	Options Exercise	$13.1K	+517	+0.81%	$25.37	64.7K	28 May 2021	Direct	F1
transaction	NTGR	Common Stock	Sale	-$20.5K	-517	-0.8%	$39.59	64.2K	28 May 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	-517	-43.01%	$0.00	685	28 May 2021	Common Stock	517	$25.37	Direct	F1, F5
holding	NTGR	Employee Stock Option (Right to Buy)						4	28 May 2021	Common Stock	4	$19.33	Direct	F2
holding	NTGR	Employee Stock Option (Right to Buy)						49	28 May 2021	Common Stock	49	$19.32	Direct	F3
holding	NTGR	Employee Stock Option (Right to Buy)						91	28 May 2021	Common Stock	91	$18.58	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						167	28 May 2021	Common Stock	167	$23.48	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						25K	28 May 2021	Common Stock	25K	$41.67	Direct	F4
holding	NTGR	Employee Stock Option (Right to Buy)						20.3K	28 May 2021	Common Stock	20.3K	$26.61	Direct	F4

* 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 August 17, 2020.
F2	25% of the option grant is exerciseable on 5/16/2014, and 1/48 of the option grant is exerciseable each month thereafter.
F3	25% of the option grant is exercisable on 6/3/2015, and 1/48 of the option grant is exercisable each month thereafter
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, 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.
F5	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.