0001209191-23-026606.txt : 20230502 0001209191-23-026606.hdr.sgml : 20230502 20230502172544 ACCESSION NUMBER: 0001209191-23-026606 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230428 FILED AS OF DATE: 20230502 DATE AS OF CHANGE: 20230502 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MCRAE MATTHEW BLAKE CENTRAL INDEX KEY: 0001654733 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38618 FILM NUMBER: 23880575 MAIL ADDRESS: STREET 1: C/O VIZIO HOLDINGS, INC. STREET 2: 39 TESLA CITY: IRVINE STATE: CA ZIP: 92618 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Arlo Technologies, Inc. CENTRAL INDEX KEY: 0001736946 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 384061754 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2200 FARADAY AVE. STREET 2: SUITE 150 CITY: CARLSBAD STATE: CA ZIP: 92008 BUSINESS PHONE: (408) 890-3900 MAIL ADDRESS: STREET 1: 2200 FARADAY AVE. STREET 2: SUITE 150 CITY: CARLSBAD STATE: CA ZIP: 92008 4 1 doc4.xml FORM 4 SUBMISSION X0407 4 2023-04-28 0 0001736946 Arlo Technologies, Inc. ARLO 0001654733 MCRAE MATTHEW BLAKE 2200 FARADAY AVENUE, SUITE 150 CARLSBAD CA 92008 1 1 0 0 CEO 0 Common Stock 2023-04-28 4 M 0 18940 A 2317280 D Common Stock 2023-04-28 4 F 0 9392 6.44 D 2307888 D Common Stock 2023-04-30 4 F 0 53785 6.44 D 2254103 D Common Stock 2023-04-30 4 F 0 89644 6.44 D 2164459 D Common Stock 2023-05-01 4 A 0 542404 0.00 A 2706863 D Common Stock 2023-05-01 4 F 0 268924 6.44 D 2437939 D Performance Stock Units (PSUs) 2023-04-28 4 M 0 18940 0.00 D 2025-07-28 Common Stock 18940 625020 D 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. Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of the PSU. Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of restricted stock units ("RSUs"). On April 30, 2020, the Reporting Person was granted a PSU based upon based upon the achievement of certain financial milestones during certain established performance periods over a period of three years, which was voluntarily reported on a Form 4 filed May 5, 2020. On May 1, 2023, the Board approved the achievement of the performance criteria, resulting in the grant of an RSU. This price reflects the fair market value at the end of the performance period which is the date used to calculate the Reporting Person's tax withholding. Represents the maximum number of shares remaining that may be issued pursuant to the PSUs. /s/ Brian M. Busse, Attorney-in-Fact 2023-05-02