| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARLO | Common Stock | Options Exercise | +18.9K | +0.82% | 2.32M | 28 Apr 2023 | Direct | F1 | ||
| transaction | ARLO | Common Stock | Tax liability | -$60.5K | -9.39K | -0.41% | $6.44 | 2.31M | 28 Apr 2023 | Direct | F2 |
| transaction | ARLO | Common Stock | Tax liability | -$346K | -53.8K | -2.33% | $6.44 | 2.25M | 30 Apr 2023 | Direct | F3 |
| transaction | ARLO | Common Stock | Tax liability | -$577K | -89.6K | -3.98% | $6.44 | 2.16M | 30 Apr 2023 | Direct | F3 |
| transaction | ARLO | Common Stock | Award | $0 | +542K | +25.06% | $0.00 | 2.71M | 01 May 2023 | Direct | F4 |
| transaction | ARLO | Common Stock | Tax liability | -$1.73M | -269K | -9.93% | $6.44 | 2.44M | 01 May 2023 | Direct | F2, F5 |
| 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 | -18.9K | -2.94% | $0.00 | 625K | 28 Apr 2023 | Common Stock | 18.9K | Direct | F1, F6 |
| Id | Content |
|---|---|
| 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 PSU. |
| F3 | Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of restricted stock units ("RSUs"). |
| F4 | On April 30, 2020, the Reporting Person was granted a PSU based upon based upon the achievement of certain financial milestones during certain established performance periods over a period of three years, which was voluntarily reported on a Form 4 filed May 5, 2020. On May 1, 2023, the Board approved the achievement of the performance criteria, resulting in the grant of an RSU. |
| F5 | This price reflects the fair market value at the end of the performance period which is the date used to calculate the Reporting Person's tax withholding. |
| F6 | Represents the maximum number of shares remaining that may be issued pursuant to the PSUs. |