McRae Matthew Blake's Form 4 filing
Arlo Technologies, Inc. (ARLO) · filed Mar 6, 2024
- Accession no.
- 0001415889-24-007136
- Filed
- Mar 6, 2024
- Trade date
- Feb 1-Mar 6, 2024
- Filing delay
- 34 daysLate
- Rule 10b5-1 plan
- Checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $2.76M. It was filed 34 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| McRae Matthew BlakeCIK 0001654733 | Director, Officer (CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 4, 2024 | Common Stock | MOption exerciseAcquired | +145,833 | –F1 | – | 2,521,073 | Direct | |
| Mar 4, 2024 | Common Stock | FTax withholdingDisposed | −73,909 | $11.40 | −$842,562.6 | 2,447,164 | Direct | |
| Mar 5, 2024 | Common Stock | SSaleDisposed | −132,214 | $10.95F4 | −$1,447,743.3 | 2,314,950 | Direct | |
| Mar 6, 2024 | Common Stock | SSaleDisposed | −119,900 | $10.91F5 | −$1,308,109 | 2,195,050 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 1, 2024 | Common Stock | AGrant or awardAcquired | +866,471 | $0.00 | $0 | 866,471 | Direct | |
| Mar 4, 2024 | Common Stock | MOption exerciseDisposed | −145,833 | $0.00 | $0 | 291,667 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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 achievement of certain milestones relating to the number of the Issuer's cumulative paid subscribers.
Referenced by the price of 1 transaction in Table I.
- F4
The weighted average sale price for the transaction reported was $10.9504, and the range of prices were between $10.81 and $11.16. 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.
Referenced by the price of 1 transaction in Table I.
- F5
The weighted average sale price for the transaction reported was $10.9102, and the range of prices were between $10.76 and $11.10. 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.
Referenced by the price of 1 transaction in Table I.