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Arlo Technologies, Inc. — Director's Dealing 2024
Jan 30, 2024
31778_dirs_2024-01-30_e6486715-76fe-4c88-ae38-ef4c6ab1832a.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: 2024-01-28
Reporting Person: MCRAE MATTHEW BLAKE (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-28 | Common Stock | M | 28410 | — | Acquired | 2485049 | Direct |
| 2024-01-28 | Common Stock | F | 10746 | $8.96 | Disposed | 2474303 | Direct |
| 2024-01-28 | Common Stock | F | 7311 | $8.96 | Disposed | 2466992 | Direct |
| 2024-01-28 | Common Stock | F | 16449 | $8.96 | Disposed | 2450543 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-28 | Performance Stock Units (PSUs) | $ | M | 28410 | Disposed | 2025-07-28 | Common Stock (28410) | 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: 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 restricted stock units.
F4: Represents the maximum number of shares remaining that may be issued pursuant to the PSUs.