Brian Busse - Feb 7, 2025 Form 4 Insider Report for Arlo Technologies, Inc. (ARLO)

Role: GENERAL COUNSEL
Signature: /s/ Brian Busse
Stock symbol: ARLO
Transactions as of: Feb 7, 2025
Transactions value $: $0
Form type: 4
Date filed: 2/11/2025, 07:20 PM
Previous filing: Feb 7, 2025
Next filing: Feb 13, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARLO	Common Stock	Award	$0	+39.3K	+6.72%	$0.00	625K	Feb 8, 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ARLO	Performance Stock Units (PSUs)	Award	$0	+150K		$0.00	150K	Feb 7, 2025	Common Stock	150K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 5, 2021, the Reporting Person was granted a performance stock unit ("PSU") based upon total relative shareholder return during certain established performance periods over a period of four years, which was voluntarily reported on a Form 4 filed February 9, 2021. On February 8, 2025, the Board approved the achievement of the performance criteria, resulting in the grant of a restricted stock unit.
F2	Each PSU represents a contingent right to receive one share of the Issuer's common stock. The PSUs vest upon the achievement of certain milestones related to the number of the Issuer's cumulative paid subscribers, service gross margins, annual recurring revenue and continuous service by the reporting person.

Content

On February 5, 2021, the Reporting Person was granted a performance stock unit ("PSU") based upon total relative shareholder return during certain established performance periods over a period of four years, which was voluntarily reported on a Form 4 filed February 9, 2021. On February 8, 2025, the Board approved the achievement of the performance criteria, resulting in the grant of a restricted stock unit.

Each PSU represents a contingent right to receive one share of the Issuer's common stock. The PSUs vest upon the achievement of certain milestones related to the number of the Issuer's cumulative paid subscribers, service gross margins, annual recurring revenue and continuous service by the reporting person.