Matthew Blake Mcrae - Apr 4, 2024 Form 4 Insider Report for Arlo Technologies, Inc. (ARLO)

Role: CEO, Director
Signature: /s/ Brian Busse, Attorney-in-Fact
Stock symbol: ARLO
Transactions as of: Apr 4, 2024
Transactions value $: -$563,040
Form type: 4
Date filed: 4/18/2024, 06:05 PM
Previous filing: Apr 2, 2024
Next filing: Apr 29, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARLO	Common Stock	Options Exercise		+94.7K	+4.26%		2.32M	Apr 4, 2024	Direct	F1
transaction	ARLO	Common Stock	Tax liability	-$563K	-48K	-2.07%	$11.73	2.27M	Apr 4, 2024	Direct	F2

Showing 1 to 2 of 2 entries

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	-94.7K	-20%	$0.00	379K	Apr 4, 2024	Common Stock	94.7K		Direct	F1, F3

* 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	Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of the PSUs.
F3	Represents the maximum number of shares remaining that may be issued pursuant to the PSUs.