0001209191-22-006123.txt : 20220201 0001209191-22-006123.hdr.sgml : 20220201 20220201203441 ACCESSION NUMBER: 0001209191-22-006123 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220128 FILED AS OF DATE: 20220201 DATE AS OF CHANGE: 20220201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Busse Brian CENTRAL INDEX KEY: 0001746751 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38618 FILM NUMBER: 22581062 MAIL ADDRESS: STREET 1: 2200 FARADAY AVE. STREET 2: SUITE 150 CITY: CARLSBAD STATE: CA ZIP: 92008 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 X0306 4 2022-01-28 0 0001736946 Arlo Technologies, Inc. ARLO 0001746751 Busse Brian 2200 FARADAY AVENUE, SUITE 150 CARLSBAD CA 92008 0 1 0 0 General Counsel Common Stock 2022-01-28 4 A 0 63225 0.00 A 433023 D Common Stock 2022-01-28 4 A 0 23578 0.00 A 456601 D Common Stock 2022-01-31 4 F 0 284 8.69 D 456317 D Performance Restricted Stock Units (PSUs) 2022-01-28 5 A 0 E 31612 0.00 A Common Stock 31612 31612 D Performance Restricted Stock Units (PSUs) 2022-01-28 5 A 0 E 31612 0.00 A Common Stock 31612 31612 D On February 5, 2021, the Reporting Person was granted a performance-based RSU, which was voluntarily reported on a Form 4 filed February 9, 2021. On January 28, 2022, the Board approved the achievement of the performance criteria, resulting in the grant of an RSU which vests in four equal annual installments. Shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of restricted stock units. Each PSU represents a contingent right to receive one share of the Issuer's common stock. Each PSU represents a contingent right to receive shares of the Issuer's common stock, based upon the achievement of certain financial milestones. Subject to achievement of such milestones, each PSU will vest in four equal annual installments. The number of shares reported herein is a target number, however the actual number of shares issuable pursuant to the PSUs will not exceed 120% of the number of target shares. Each PSU represents a contingent right to receive shares of the Issuer's common stock, based upon total relative shareholder return during certain established performance periods over a period of four years. The number of shares reported herein is a target number, however the actual number of shares issuable pursuant to the PSUs will not exceed 200% of the number of target shares. /s/ Brian M. Busse 2022-02-01