Form 4 for ARLO Arlo Technologies, Inc.
Accepted 2023-05-16 00:00:00 ET · period of report 2023-05-12 · accession 0001209191-23-029937 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-16 | 2023-05-12 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | F - Tax | $8.97 | -495.8K | 2.95M | -14% | -$4.45M |
| D | 2023-05-16 | 2023-05-12 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | M - OptEx | — | +1.00M | 3.44M | +41% | — |
| D | 2023-05-16 | 2023-05-12 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | A - Grant | $0.00 | +500.0K | 500.0K | New | $0 |
| D | 2023-05-16 | 2023-05-12 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | M - OptEx | $0.00 | -1.00M | 0 | -100% | $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 | 2023-05-12 | F | D | 495,800 | $8.97 | 2,948,178 | D | — | — | (F3) Includes 6,039 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2023. |
| 2 | Common | Common Stock | 2023-05-12 | M | A | 1,000,000 | — | 3,437,939 | D | — | — | (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 relating to the number of the Issuer's cumulative paid subscribers. |
| 3 | Derivative | Performance Stock Units (PSUs) | 2023-05-12 | A | A | 500,000 | $0.00 | 500,000 | D | — · — to — | 500,000 Common Stock | (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 relating to the number of the Issuer's cumulative paid subscribers. |
| 4 | Derivative | Performance Stock Units (PSUs) | 2023-05-12 | M | D | 1,000,000 | $0.00 | 0 | D | — · — to — | 1,000,000 Common Stock | (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 relating to the number of the Issuer's cumulative paid subscribers. |