| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARLO | Common Stock | Options Exercise | +26.5K | +0.92% | 2.92M | 03 Aug 2024 | Direct | F1 | ||
| transaction | ARLO | Common Stock | Tax liability | -$186K | -13.5K | -0.46% | $13.80 | 2.9M | 03 Aug 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 | -26.5K | -9.09% | $0.00 | 265K | 03 Aug 2024 | Common Stock | 26.5K | Direct | F1, F3 |
| 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 PSUs. |
| F3 | Represents the maximum number of shares remaining that may be issued pursuant to the PSUs. |