Arlo Technologies, Inc. — Director's Dealing 2023

Jan 31, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arlo Technologies, Inc. (ARLO)
CIK: 0001736946
Period of Report: 2023-01-27

Reporting Person: Busse Brian (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-27	Common Stock	A	125000	$0.00	Acquired	582767	Direct
2023-01-27	Common Stock	A	28096	$0.00	Acquired	610863	Direct
2023-01-28	Common Stock	F	2579	$3.72	Disposed	608284	Direct
2023-01-28	Common Stock	F	6446	$3.72	Disposed	601838	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-27	Performance Restricted Stock Units (PSUs)	$	A	125000	Acquired		Common Stock (125000)	Direct

Footnotes

F1: On January 28, 2022, the Reporting Person was granted a performance-based RSU, which was voluntarily reported on a Form 4 filed February 1, 2022. On January 27, 2023, the Board approved the achievement of the performance criteria, resulting in the grant of an RSU which vests in four equal annual installments.

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

F3: Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of RSUs.

F4: Each PSU represents a contingent right to receive one share of the Issuer's common stock. The PSUs will vest based upon the achievement of certain milestones relating to the number of the Issuer's cumulative paid subscribers.