-----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,
 CRdgSCrmn1dMJ20tqUPHIVmIDnO8qTp76yLrUhYqC4AJfNuUCFrAARzhnMIEnJ6I
 9amYNkLSDFs1ACYB6+mD1A==

<SEC-DOCUMENT>0001181431-04-033518.txt : 20040701
<SEC-HEADER>0001181431-04-033518.hdr.sgml : 20040701
<ACCEPTANCE-DATETIME>20040701191258
ACCESSION NUMBER:		0001181431-04-033518
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040226
FILED AS OF DATE:		20040701

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SOARES DAVID
		CENTRAL INDEX KEY:			0001256313

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50350
		FILM NUMBER:		04896668

	BUSINESS ADDRESS:	
		STREET 1:		C/O NETGEAR INC
		STREET 2:		4500 GREAT AMERICAN PARKWAY
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95054
		BUSINESS PHONE:		4089078000

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>rrd46576.xml
<DESCRIPTION>FORM 4 DATED 02/26/2004
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-02-26</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001122904</issuerCik>
        <issuerName>NETGEAR INC</issuerName>
        <issuerTradingSymbol>NTGR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001256313</rptOwnerCik>
            <rptOwnerName>SOARES DAVID</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O NETGEAR, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>4500 GREAT AMERICA PARKWAY</rptOwnerStreet2>
            <rptOwnerCity>SANTA CLARA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95054</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>European Managing Director</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>14.79</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-02-26</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>20000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2005-02-26</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-02-26</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>20000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>20000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On February 26, 2004, the Reporting Person was granted an option to purchase 20,000 shares under the Netgear, Inc. 2003 Stock Plan. The option becomes exercisable as to 1/4th of the shares one year after the vesting start date of February 26, 2004 and 1/48th of the shares become exercisable each month thereafter.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ David Soares</signatureName>
        <signatureDate>2004-02-26</signatureDate>
    </ownerSignature>
</ownershipDocument>

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