SEC Form 4 · accession 0001209191-19-001573

Arlo Technologies, Inc. · ARLO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — General Counsel

Period of report

Dec 31, 2018

Accepted (ET)

Jan 3, 2019 · 8:34 pm EST

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^F1,F2	Dec 31, 2018	A	22,772	—	A	26,832	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Options (Right to Buy)^F3,F4	$6.90	Dec 31, 2018	A	699	A	—	Apr 22, 2024	Common Stock	699	699	D

F1In connection with the spin-off of the Issuer from NETGEAR, Inc. ("NETGEAR"), on December 31, 2018, the reporting person received restricted stock awards from the Issuer in exchange for the outstanding NETGEAR restricted stock awards held by the reporting person immediately prior to the spin-off. The reporting person received an aggregate of 22,772 restricted stock awards of the Issuer for 11,500 outstanding restricted stock awards of NETGEAR.
F2Includes 1,560 shares acquired in a pro rata distribution by NETGEAR by means of a special stock dividend of shares of the Issuer's common stock. On December 31, 2018, each NETGEAR shareholder received 1.980295 shares of the Issuer's common stock for every share of NETGEAR common stock held as of the record date of December 17, 2018, less any fractional share.
F3In connection with the spin-off of the Issuer from NETGEAR, on December 31, 2018, the reporting person received options to purchase shares of the Issuer in exchange for outstanding options to purchase shares of NETGEAR held by the reporting person immediately prior to the spin-off. The reporting person received the option in exchange for an option to purchase 350 shares of NETGEAR common stock at an exercise price of $33.65 per share.
F4The option is fully vested and exercisable.