| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARLO | Common Stock | Options Exercise | +104K | +4.05% | 2.68M | 03 Jul 2024 | Direct | F1 | ||
| transaction | ARLO | Common Stock | Tax liability | -$713K | -52.8K | -1.97% | $13.50 | 2.62M | 03 Jul 2024 | Direct | F2 |
| 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 | -104K | -30.56% | $0.00 | 237K | 03 Jul 2024 | Common Stock | 104K | Direct | F1, F3 |
| 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. |