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Arlo Technologies, Inc. — Director's Dealing 2024
Jun 7, 2024
31778_dirs_2024-06-07_16552ebe-a5b9-4deb-9bab-23e262e85728.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: 2024-06-06
Reporting Person: MCRAE MATTHEW BLAKE (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-06 | Common Stock | M | 59713 | — | Acquired | 2602388 | Direct |
| 2024-06-06 | Common Stock | F | 30267 | $13.95 | Disposed | 2572121 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-06 | Performance Stock Units (PSUs) | $ | M | 59713 | Disposed | 2026-02-03 | Common Stock (59713) | Direct |
Footnotes
F1: Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest upon the Issuer's common stock achieving both a time-based vesting condition and a stock price performance-based vesting condition, both of which conditions must be satisfied before any PSU vests.
F2: Includes 2,927 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2024.
F3: Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of the PSUs.
F4: Represents the maximum number of shares remaining that may be issued pursuant to the PSUs.