SEC Form 4 · accession 0000899243-18-021611
Arlo Technologies, Inc. · ARLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Busse
Officer — See Remarks
Period of report
Aug 7, 2018
Accepted (ET)
Aug 7, 2018 · 9:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001736946
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per share | Aug 7, 2018 | P | 2,500 | $16.00 | A | 2,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $16.00 | holding | — | — | — | — | Aug 2, 2028 | Common Stock, par value $0.001 per share | 41,000 | 41,000 | D |
Explanation of responses
- F1Represents shares of Common Stock purchased through a reserved share program in connection with the initial public offering of the Common Stock, which closed on August 7, 2018.
- F2In general, options will vest 25% on the first anniversary of the grant date and 1/48 on a monthly basis thereafter. The options also include accelerated vesting provisions in the case of certain terminations of employment.
Remarks
General Counsel and Corporate Secretary