Matthew Blake Mcrae - Dec 29, 2021 Form 4 Insider Report for Arlo Technologies, Inc. (ARLO)

Signature
/s/ Brian M. Busse, Attorney-in-Fact
Stock symbol
ARLO
Transactions as of
Dec 29, 2021
Transactions value $
-$48,040
Form type
4
Date filed
12/30/2021, 05:04 PM
Previous filing
Dec 10, 2021
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARLO Common Stock Options Exercise +9.47K +0.69% 1.38M Dec 29, 2021 Direct F1
transaction ARLO Common Stock Tax liability -$48K -4.7K -0.34% $10.23 1.38M Dec 29, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ARLO Performance Stock Units (PSUs) Options Exercise $0 -9.47K -1.27% $0.00 739K Dec 29, 2021 Common Stock 9.47K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each 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 Represents the maximum number of shares remaining that may be issued pursuant to the PSUs.