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: MCRAE MATTHEW BLAKE (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-30	Common Stock	A	542404	$0.00	Acquired	901089	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-30	Performance Restricted Stock Units (PSUs)	$	A	271202	Acquired		Common Stock (271202)	Direct
2020-04-30	Performance Restricted Stock Units (PSUs)	$	A	271202	Acquired		Common Stock (271202)	Direct

Footnotes

F1: Each PSU represents a contingent right to receive one share of the Issuer's common stock.

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 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.

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.