FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * LO PATRICK CS   2. Issuer Name and Ticker or Trading Symbol NETGEAR, INC [NTGR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman and CEO (Last) (First) (Middle) NETGEAR, INC., 350 E. PLUMERIA DR. 3. Date of Earliest Transaction (Month/Day/Year) 01/11/2012 (Street) SAN JOSE, CA 95134 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock               45,430 I See footnote (2) Common Stock               41,939 I See footnote (11) Common Stock               196,414 I See footnote (1) Common Stock 01/11/2012   M   5,000 (17) A $ 0 47,521 (16) D   Common Stock 01/11/2012   F   1,982 D $ 37.92 45,539 (16) D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$ 22.68							(3)	05/23/2016	Common Stock	100,000		100,000	D
Employee Stock Option (Right to Buy)	$ 29.23							(6)	01/12/2017	Common Stock	100,000		100,000	D
Employee Stock Option (Right to Buy)	$ 28.79							(7)	01/11/2018	Common Stock	100,000		100,000	D
Restricted Stock Units	(4)	01/11/2012		M			5,000	(8)	(5)	Common Stock	5,000	(5)	0	D
Employee Stock Option (Right to Buy)	$ 11.41							(9)	01/16/2019	Common Stock	100,000		100,000	D
Restricted Stock Units	(4)							(10)	(5)	Common Stock	10,000		10,000	D
Employee Stock Option (Right to Buy)	$ 21.1							(12)	02/02/2020	Common Stock	100,000		100,000	D
Employee Stock Option (Right to Buy)	$ 20.8							(13)	06/13/2020	Common Stock	40,000		40,000	D
Employee Stock Option (Right to Buy)	$ 35.32							(14)	02/03/2021	Common Stock	100,000		100,000	D
Employee Stock Option (Right to Buy)	$ 33.15							(15)	04/26/2021	Common Stock	40,000		40,000	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
LO PATRICK CS NETGEAR, INC. 350 E. PLUMERIA DR. SAN JOSE, CA 95134	X		Chairman and CEO

Signatures

/s/ Andrew W. Kim, Attorney in Fact		01/13/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The shares are held by the Patrick and Emily Lo Revocable Trust dated 4-7-99.
(2)	The shares are held by the education trusts of Mr. Lo's children. Mr. Lo is a co-trustee of each such trust.
(3)	25% of the option grant is exercisable on 5/23/2007, and 1/48 of the option grant is exercisable each month thereafter.
(4)	Converts to common stock on a one for one basis.
(5)	Not applicable.
(6)	25% of the option grant is exercisable on 1/12/2008, and 1/48 of the option grant is exercisable each month thereafter.
(7)	25% of the option grant is exercisable on 1/11/2009, and 1/48 of the option grant is exercisable each month thereafter.
(8)	Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/11/2008, the vest start date, so that all of the units will have vested on 1/11/2012.
(9)	25% of the option grant is exercisable on 1/16/2010, and 1/48 of the option grant is exercisable each month thereafter.
(10)	Stock units will be paid in an equal number of shares of the Issuer's common stock upon vesting of the units. 25% of the units will cliff vest on each anniversary of 1/16/2009, the vesting start date, so that all of the units will have vested on 1/16/2013.
(11)	The shares are held by the Patrick C.S. Lo 2009 Grantor Retained Annuity Trust.
(12)	25% of the option grant is exercisable on 2/2/2011, and 1/48 of the option grant is exercisable each month thereafter.
(13)	25% of the shares subject to the option shall vest twelve months on 6/13/2011, and 1/48th 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.
(14)	25% of the option grant is exercisable on 2/3/2012, and 1/48 of the option grant is exercisable each month thereafter.
(15)	25% of the option grant is exercisable on 4/26/2012, and 1/48 of the option grant is exercisable each month thereafter.
(16)	Updated total to reflect the 1358 shares sold in the Amendment filed on December 9, 2011.
(17)	Acquired pursuant to the vesting of restricted stock units which convert to common stock on a one for one basis.

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