Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARLO | Common Stock | Options Exercise | +47.4K | +1.85% | 2.61M | Apr 28, 2025 | Direct | F1 | ||
transaction | ARLO | Common Stock | Sale | -$252K | -25.4K | -0.97% | $9.90 | 2.58M | Apr 29, 2025 | Direct | F2 |
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 | -50% | $0.00 | 47.4K | Apr 28, 2025 | Common Stock | 47.4K | Direct | F1, F3 |
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 | Represents the maximum number of shares remaining that may be issued pursuant to the PSUs. |