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 |
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 |
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. |