| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARLO | Common Stock | Options Exercise | +59,713 | +2.3% | 2,602,388 | 06 Jun 2024 | Direct | F1, F2 | ||
| transaction | ARLO | Common Stock | Tax liability | $422,225 | -30,267 | -1.2% | $13.95 | 2,572,121 | 06 Jun 2024 | Direct | F3 |
| 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 | -59,713 | -15% | $0.000000 | 351,646 | 06 Jun 2024 | Common Stock | 59,713 | Direct | F1, F4 |
| 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 | Includes 2,927 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2024. |
| F3 | Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of the PSUs. |
| F4 | Represents the maximum number of shares remaining that may be issued pursuant to the PSUs. |