Arlo Technologies, Inc. — Director's Dealing 2024

Mar 6, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arlo Technologies, Inc. (ARLO)
CIK: 0001736946
Period of Report: 2024-03-04

Reporting Person: BINDER KURTIS JOSEPH (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-04	Common Stock	M	250000	—	Acquired	949038	Direct
2024-03-04	Common Stock	F	129200	$11.40	Disposed	819838	Direct
2024-03-05	Common Stock	S	99038	$10.9327	Disposed	720800	Direct
2024-03-06	Common Stock	S	18120	$10.9097	Disposed	702680	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-01	Performance Stock Units (PSUs)	$	A	1000000	Acquired		Common Stock (1000000)	Direct
2024-03-04	Performance Stock Units (PSUs)	$	M	250000	Disposed		Common Stock (250000)	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.

F3: The sales reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2023.

F4: The weighted average sale price for the transaction reported was $10.9327, and the range of prices were between $10.80 and $11.16. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.

F5: The weighted average sale price for the transaction reported was $10.9097, and the range of prices were between $10.77 and $11.11. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.