Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARLO | Common Stock | Options Exercise | +47.4K | +1.5% | 3.21M | Jan 28, 2025 | Direct | F1 | ||
transaction | ARLO | Common Stock | Sale | -$208K | -17.9K | -0.56% | $11.66 | 3.19M | Jan 29, 2025 | Direct | F2, F3 |
transaction | ARLO | Common Stock | Sale | -$338K | -29K | -0.91% | $11.66 | 3.16M | Jan 29, 2025 | Direct | F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARLO | Performance Stock Units (PSUs) | Options Exercise | $0 | -47.4K | -33.33% | $0.00 | 94.7K | Jan 28, 2025 | Common Stock | 47.4K | Direct | F1, F5 |
Id | Content |
---|---|
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 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 | Represents shares sold to satisfy estimated tax withholding obligations upon the settlement of PSUs. |
F3 | The weighted average sale price for the transaction reported was $11.6629, and the range of prices were between $11.6629 and $11.6630. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided. |
F4 | Represents shares sold to satisfy estimated tax withholding obligations upon the settlement of restricted stock units. |
F5 | Represents the maximum number of shares remaining that may be issued pursuant to the PSUs. |