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Arlo Technologies, Inc. — Director's Dealing 2023
May 2, 2023
31778_dirs_2023-05-02_b08ece12-08ec-4d5b-b98a-b19653cb5204.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: 2023-04-30
Reporting Person: Busse Brian (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-30 | Common Stock | F | 11763 | $6.44 | Disposed | 616664 | Direct |
| 2023-04-30 | Common Stock | F | 19604 | $6.44 | Disposed | 597060 | Direct |
| 2023-05-01 | Common Stock | A | 170068 | $0.00 | Acquired | 767128 | Direct |
| 2023-05-01 | Common Stock | F | 83647 | $6.44 | Disposed | 683481 | Direct |
Footnotes
F1: Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of restricted stock units ("RSUs").
F2: On April 30, 2020, the Reporting Person was granted a performance stock unit ("PSU") based upon based upon the achievement of certain financial milestones during certain established performance periods over a period of three years, which was voluntarily reported on a Form 4 filed May 5, 2020. On May 1, 2023, the Board approved the achievement of the performance criteria, resulting in the grant of an RSU.
F3: Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of the PSU.
F4: This price reflects the fair market value at the end of the performance period which is the date used to calculate the Reporting Person's tax withholding.