-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Nqz2fbTQp+0BTmIbMEa+BwuamzIkmzVpdBhqQpPjXo1iLNDDujug62QKm9oDk0/8
 4fDTgWL5khke9JAOO/yqXQ==

<SEC-DOCUMENT>0001005477-03-003231.txt : 20030806
<SEC-HEADER>0001005477-03-003231.hdr.sgml : 20030806
<ACCEPTANCE-DATETIME>20030806132716
ACCESSION NUMBER:		0001005477-03-003231
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030804
FILED AS OF DATE:		20030806

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ROYER STEPHEN D
		CENTRAL INDEX KEY:			0001256314

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50350
		FILM NUMBER:		03825720

	BUSINESS ADDRESS:	
		STREET 1:		C/O SHAMROCK CAPITAL ADVISORS INC
		STREET 2:		4444 LAKESIDE
		CITY:			BURBANK
		STATE:			CA
		ZIP:			91504
		BUSINESS PHONE:		8189734288

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NETGEAR INC
		CENTRAL INDEX KEY:			0001122904
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE & TELEGRAPH APPARATUS [3661]
		IRS NUMBER:				770419172
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4401 GREAT AMERICAN PARKWAY
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95052
		BUSINESS PHONE:		4084955316

	MAIL ADDRESS:	
		STREET 1:		4401 GREAT AMERICAN PARKWAY
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95052
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
    <periodOfReport>2003-08-04</periodOfReport>
    <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001122904</issuerCik>
        <issuerName>NETGEAR INC</issuerName>
        <issuerTradingSymbol>NTGR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>

        <reportingOwnerId>
            <rptOwnerCik>0001256314</rptOwnerCik>
            <rptOwnerName>ROYER STEPHEN D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>4444 LAKESIDE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BURBANK</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>91505</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>1</isDirector>
        <isOfficer>0</isOfficer>
        <isTenPercentOwner>1</isTenPercentOwner>
        <isOther>0</isOther>
    </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>

        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>

        <transactionDate>
            <value>2003-08-04</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>C</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
    </transactionCoding>
        <transactionAmounts>

            <transactionShares>
                <value>4597501</value>
            </transactionShares>

            <transactionPricePerShare>
                <footnoteId id="F1"/>
            </transactionPricePerShare>

            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>4597501</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>See</value>
                <footnoteId id="F2"/>
            </natureOfOwnership>
        </ownershipNature>
        </nonDerivativeTransaction>

        <nonDerivativeTransaction>

        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>

        <transactionDate>
            <value>2003-08-04</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>X</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
    </transactionCoding>
        <transactionAmounts>

            <transactionShares>
                <value>198593</value>
            </transactionShares>

            <transactionPricePerShare>
                <value>1.29</value>
            </transactionPricePerShare>

            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>198593</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>See</value>
                <footnoteId id="F3"/>
            </natureOfOwnership>
        </ownershipNature>
        </nonDerivativeTransaction>

    </nonDerivativeTable>
    <derivativeTable>
        <derivativeTransaction>

        <securityTitle>
            <value>Series A Preferred Stock</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <footnoteId id="F1"/>
        </conversionOrExercisePrice>

        <transactionDate>
            <value>2003-08-04</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>C</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
    </transactionCoding>
        <transactionAmounts>

            <transactionShares>
                <value>2068809</value>
            </transactionShares>

            <transactionPricePerShare>
                <value>0</value>
            </transactionPricePerShare>

            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>

        <exerciseDate>
            <footnoteId id="F4"/>
        </exerciseDate>

        <expirationDate>
            <footnoteId id="F5"/>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>2068809</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>

            <valueOwnedFollowingTransaction>
                <value>0</value>
            </valueOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>See</value>
                <footnoteId id="F6"/>
            </natureOfOwnership>
        </ownershipNature>
        </derivativeTransaction>

        <derivativeTransaction>

        <securityTitle>
            <value>Series C Preferred Stock</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <footnoteId id="F1"/>
        </conversionOrExercisePrice>

        <transactionDate>
            <value>2003-08-04</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>C</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
    </transactionCoding>
        <transactionAmounts>

            <transactionShares>
                <value>2528692</value>
            </transactionShares>

            <transactionPricePerShare>
                <value>0</value>
            </transactionPricePerShare>

            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>

        <exerciseDate>
            <footnoteId id="F4"/>
        </exerciseDate>

        <expirationDate>
            <footnoteId id="F5"/>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>2528692</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>0</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>See</value>
                <footnoteId id="F6"/>
            </natureOfOwnership>
        </ownershipNature>
        </derivativeTransaction>

        <derivativeTransaction>

        <securityTitle>
            <value>Warrant (right to buy)</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <value>1.29</value>
        </conversionOrExercisePrice>

        <transactionDate>
            <value>2003-08-04</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>X</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
    </transactionCoding>
        <transactionAmounts>

            <transactionShares>
                <value>218750</value>
            </transactionShares>

            <transactionPricePerShare>
                <value>0</value>
            </transactionPricePerShare>

            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>

        <exerciseDate>
            <footnoteId id="F4"/>
        </exerciseDate>

        <expirationDate>
            <value>2003-08-04</value>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>Common Stock</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>198593</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>0</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>See</value>
                <footnoteId id="F7"/>
            </natureOfOwnership>
        </ownershipNature>
        </derivativeTransaction>

    </derivativeTable>
    <footnotes>
        <footnote id="F1">Upon the closing of the Issuer's initial public offering on August 4, 2003, each share of Series A and Series C Preferred Stock referenced
in Table II was automatically converted into one share of Issuer common stock (the &quot;Shares&quot;).</footnote>
        <footnote id="F2">Directly owned by Shamrock Capital Growth Fund, L.P. (&quot;SCGF&quot;).  Shamrock Capital Partners, L.L.C. (&quot;Shamrock Capital Partners&quot;)
is the General Partner of SCGF.  The reporting person is Executive Vice President and a member of Shamrock Capital Partners and may be
deemed, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (&quot;Section 16&quot;), to be the indirect beneficial owner of
the Shares and a &quot;ten percent holder&quot; hereunder.  The reporting person disclaims beneficial ownership of the Shares except to the extent
of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of
such securities for purposes of Section 16 or for any other purpose.</footnote>
        <footnote id="F3">Directly owned by Shamrock Capital Advisors, Inc. (&quot;SCA&quot;).  These shares of Issuer common stock (the &quot;Warrant Shares&quot;) were issued
pursuant to the net exercise provisions of the warrant previously directly owned by SCA and referenced in Table II below.  The
reporting person is a Managing Director of SCA and may be deemed for purposes of Section 16 to be the indirect beneficial owner of
the Warrant Shares.  The reporting person disclaims beneficial ownership of the Warrant Shares except to the extent of his pecuniary
interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for
purposes of Section 16 or for any other purpose.</footnote>
        <footnote id="F4">These securities were exercisable immediately.</footnote>
        <footnote id="F5">These shares did not have an expiration date.</footnote>
        <footnote id="F6">SCGF directly owned these shares of Series A and Series C Preferred Stock of the Issuer prior to their conversion into the Shares on August 4, 2003.</footnote>
        <footnote id="F7">SCA directly owned this warrant and the right to acquire the underlying Issuer common stock pursuant to the terms of the warrant prior to
its exercise on August 4, 2003. The warrant was issued to and acquired by SCA on March 13, 2002 in consideration of services rendered to the Issuer.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Stephen D. Royer</signatureName>
        <signatureDate>2003-08-06</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----