Arlo Technologies, Inc. — Director's Dealing 2020

May 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arlo Technologies, Inc. (ARLO)
CIK: 0001736946
Period of Report: 2020-04-30

Reporting Person: Busse Brian (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-30	Common Stock	A	170068	$0.00	Acquired	283778	Direct
2020-04-30	Common Stock	F	1569	$2.74	Disposed	282209	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-30	Performance Restricted Stock Units (PSUs)	$	A	85034	Acquired		Common Stock (85034)	Direct
2020-04-30	Performance Restricted Stock Units (PSUs)	$	A	85034	Acquired		Common Stock (85034)	Direct

Footnotes

F1: Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of restricted stock units.

F2: Each PSU represents a contingent right to receive one share of the Issuer's common stock.

F3: 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 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 target shares.

F4: 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.