Accession Number: | 0001209191-22-026426 |
Date: | 2022-04-28 |
Issuer: | ARLO TECHNOLOGIES, INC. (ARLO) |
Original Submission Date: |
MCRAE MATTHEW BLAKE
2200 FARADAY AVENUE, SUITE 150
CARLSBAD, CA 92008
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2022-04-28 | M | 18,940 | a | $0.00 | 1,761,694 | direct | ||
COMMON STOCK | 2022-04-28 | F | 9,392 | d | $7.78 | 1,752,302 | direct | ||
COMMON STOCK | 2022-04-30 | F | 143,426 | d | $7.74 | 1,608,876 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PERFORMANCE STOCK UNITS (PSUS) | 0.0 | 2022-04-28 | deemed execution date | M | 18,940 (d) | 2025-07-28 | common stock 18,940 | $0.00 | 700,780 | direct |
ID | footnote |
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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. |
f2 | shares withheld to satisfy the reporting person's tax obligation in connection with the vesting of the psus. |
f3 | shares withheld to satisfy the reporting person's tax obligation in connection with the vesting of restricted stock units. |
f4 | represents the maximum number of shares remaining that may be issued pursuant to the psus. |