Form 4 for ARLO Arlo Technologies, Inc.
Accepted 2022-02-01 00:00:00 ET · period of report 2022-01-28 · accession 0001209191-22-006120 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-01 | 2022-01-28 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | A - Grant | $0.00 | +349.2K | 1.74M | +25% | $0 |
| D | 2022-02-01 | 2022-01-28 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | F - Tax | $8.28 | -7,158 | 1.39M | -0.5% | -$59.3K |
| D | 2022-02-01 | 2022-01-28 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | M - OptEx | — | +18.9K | 1.40M | +1% | — |
| D | 2022-02-01 | 2022-01-28 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | M - OptEx | $0.00 | -18.9K | 719.7K | -3% | $0 |
| DM | 2022-02-01 | 2022-01-28 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | A - Grant | $0.00 | +184.4K | 92.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-28 | A | A | 184,405 | $0.00 | 1,574,112 | D | — | — | |
| 2 | Common | Common Stock | 2022-01-28 | F | D | 7,158 | $8.28 | 1,389,707 | D | — | — | |
| 3 | Common | Common Stock | 2022-01-28 | A | A | 164,837 | $0.00 | 1,738,949 | D | — | — | |
| 4 | Common | Common Stock | 2022-01-28 | M | A | 18,940 | — | 1,396,865 | D | — | — | (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. |
| 5 | Derivative | Performance Stock Units (PSUs) | 2022-01-28 | M | D | 18,940 | $0.00 | 719,720 | D | — · — to 2025-07-28 | 18,940 Common Stock | (F3) Represents the maximum number of shares remaining that may be issued pursuant to the PSUs. (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. |
| 6 | Derivative | Performance Stock Units (PSUs) | 2022-01-28 | A | A | 92,203 | $0.00 | 92,203 | D | — · — to — | 92,203 Common Stock | (F4) Each PSU represents a contingent right to receive shares of the Issuer's common stock, based upon the achievement of certain financial milestones. Subject to achievement of such milestones, each PSU will vest in four equal annual installments. The number of shares reported herein is a target number, however the actual number of shares issuable pursuant to the PSUs will not exceed 120% of the number of target shares. |
| 7 | Derivative | Performance Stock Units (PSUs) | 2022-01-28 | A | A | 92,202 | $0.00 | 92,202 | D | — · — to — | 92,202 Common Stock | (F5) Each PSU represents a contingent right to receive shares of the Issuer's common stock, based upon total relative shareholder return during certain established performance periods over a period of four years. The number of shares reported herein is a target number, however the actual number of shares issuable pursuant to the PSUs will not exceed 200% of the number of target shares. |