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Arlo Technologies, Inc. Director's Dealing 2023

May 16, 2023

31778_dirs_2023-05-16_2275dae6-545b-4952-b0dd-259749535b71.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arlo Technologies, Inc. (ARLO)
CIK: 0001736946
Period of Report: 2023-05-12

Reporting Person: Busse Brian (General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-12 Common Stock M 100000 Acquired 783481 Direct
2023-05-12 Common Stock F 49580 $8.97 Disposed 733901 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-05-12 Performance Stock Units (PSUs) $ M 100000 Disposed Common Stock (100000) Direct
2023-05-12 Performance Stock Units (PSUs) $ A 50000 Acquired Common Stock (50000) Direct

Footnotes

F1: Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock. The PSUs vest upon the achievement of certain milestones relating to the number of the Issuer's cumulative paid subscribers.

F2: Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of the PSU.