Arlo Technologies, Inc. — Director's Dealing 2020

Jun 24, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Arlo Technologies, Inc. (ARLO)
CIK: 0001736946
Period of Report: 2020-06-15

Reporting Person: Mattingly Gordon (Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	510466	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$16.00	2028-08-02	Common Stock (41000)		Direct
Performance Restricted Stock Units (PSUs)	$0.00		Common Stock (137528)		Direct
Performance Restricted Stock Units (PSUs)	$0.00		Common Stock (137528)		Direct

Footnotes

F1: The option vests as follows: 25% of the shares vested on August 2, 2019, and the remaining shares vest in 36 equal monthly installments thereafter.

F2: Each PSU represents a contingent right to receive shares of the Issuer's common stock, based upon the achievement of certain financial milestones. Subject to the achievement of such milestones, each PSU will vest in three equal annual installments. The number of shares reported herein is a target number, however the actual number of shares issuable pursuant to the PSUs will not exceed 120% of the number of targeted shares.

F3: Each PSU represents a contingent right to receive shares of the Issuer's common stock, based upon total relative shareholder return during certain established performance periods over a period of three years. The number of shares reported herein is a target number, however the actual number of shares issuable pursuant to the PSUs will not exceed 200% of the number of target shares.