Matthew Blake Mcrae - Nov 8, 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
Nov 8, 2024
Transactions value $
$0
Form type
4
Date filed
11/12/2024, 02:10 PM
Previous filing
Aug 5, 2024
Next filing
Nov 27, 2024

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) Award $0 +1M $0.00 1M Nov 8, 2024 Common Stock 1M Direct F1
transaction ARLO Performance Stock Units (PSUs) Award $0 +178K $0.00 178K Nov 8, 2024 Common Stock 178K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock. The PSUs vest upon the achievement of certain milestones related to the number of the Issuer's cumulative paid subscribers and blended gross margins.
F2 Each PSU represents a contingent right to receive one share of the Issuer's common stock. The PSUs vest upon the achievement of certain milestones related to the number of the Issuer's cumulative paid subscribers, blended gross margins, annual recurring revenue and continuous service by the reporting person.