Form 4 for ARLO Arlo Technologies, Inc.
Accepted 2024-06-07 00:00:00 ET · period of report 2024-06-06 · accession 0001415889-24-015919 · 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 | 2024-06-07 | 2024-06-06 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | M - OptEx | — | +59.7K | 2.60M | +2% | — |
| D | 2024-06-07 | 2024-06-06 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | F - Tax | $13.95 | -30.3K | 2.57M | -1% | -$422.2K |
| D | 2024-06-07 | 2024-06-06 | ARLO | MCRAE MATTHEW BLAKE | CEO, Dir | M - OptEx | $0.00 | -59.7K | 351.6K | -15% | $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 | 2024-06-06 | M | A | 59,713 | — | 2,602,388 | 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. (F2) Includes 2,927 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2024. |
| 2 | Common | Common Stock | 2024-06-06 | F | D | 30,267 | $13.95 | 2,572,121 | D | — | — | |
| 3 | Derivative | Performance Stock Units (PSUs) | 2024-06-06 | M | D | 59,713 | $0.00 | 351,646 | D | — · — to 2026-02-03 | 59,713 Common Stock | (F4) 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. |