Form 4 for ARLO Arlo Technologies, Inc.
Accepted 2023-05-02 00:00:00 ET · period of report 2023-04-28 · accession 0001209191-23-026606 · 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 | 2023-05-02 | 2023-04-28+ | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | F - Tax | $6.44 | -421.7K | 2.44M | -15% | -$2.72M |
| D | 2023-05-02 | 2023-05-01 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | A - Grant | $0.00 | +542.4K | 2.71M | +25% | $0 |
| D | 2023-05-02 | 2023-04-28 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | M - OptEx | — | +18.9K | 2.32M | +0.8% | — |
| D | 2023-05-02 | 2023-04-28 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | M - OptEx | $0.00 | -18.9K | 625.0K | -3% | $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 | 2023-04-28 | F | D | 9,392 | $6.44 | 2,307,888 | D | — | — | |
| 2 | Common | Common Stock | 2023-04-30 | F | D | 53,785 | $6.44 | 2,254,103 | D | — | — | |
| 3 | Common | Common Stock | 2023-04-30 | F | D | 89,644 | $6.44 | 2,164,459 | D | — | — | |
| 4 | Common | Common Stock | 2023-05-01 | A | A | 542,404 | $0.00 | 2,706,863 | D | — | — | |
| 5 | Common | Common Stock | 2023-04-28 | M | A | 18,940 | — | 2,317,280 | D | — | — | (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. |
| 6 | Common | Common Stock | 2023-05-01 | F | D | 268,924 | $6.44 | 2,437,939 | D | — | — | (F5) This price reflects the fair market value at the end of the performance period which is the date used to calculate the Reporting Person's tax withholding. |
| 7 | Derivative | Performance Stock Units (PSUs) | 2023-04-28 | M | D | 18,940 | $0.00 | 625,020 | D | — · — to 2025-07-28 | 18,940 Common Stock | (F6) Represents the maximum number of shares remaining that may be issued pursuant to the PSUs. (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. |