Current Report Filing (8-k)
03 May 2019 - 6:03AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 1, 2019
ARLO TECHNOLOGIES, INC.
(Exact name of Registrant as specified in its charter)
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Delaware
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001-38618
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38-4061754
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification Number)
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3030 Orchard Parkway
San Jose, CA 95134
(Address, including zip code, of principal executive offices)
(408)
890-3900
(Registrants telephone number, including area code)
N/A
(Former name or
former address, if changed since last report.)
Check the appropriate box below
if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as defined in as defined
in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading
Symbol(s)
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Name of each exchange
on which registered
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Common Stock, par value $0.001 per share
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ARLO
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New York Stock Exchange
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
(b)
On May 2, 2019, Arlo Technologies, Inc. (the
Company or Arlo) and Patrick J. Collins III, the Companys Senior Vice President of Products, entered into a Separation and Release Agreement (the Separation Agreement) regarding Mr. Collins
separation from the Company, effective May 1, 2019. Pursuant to the Separation Agreement, Mr. Collins will receive the severance benefits in accordance with a qualifying non-change in control termination pursuant to his Change in Control
and Severance Agreement, dated August 2, 2018. Mr. Collins was instrumental in starting Arlo and growing the product line from inception to a leading market share in the United States, Germany, United Kingdom, France, Canada, and
Australia. Mr. Collins also played a significant role in completing Arlos initial public offering. The Company expresses its appreciation for his numerous contributions to Arlo and wishes him the utmost success in the future.
The foregoing description of the terms of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the full
text of the Separation Agreement, a copy of which will be filed with the Securities and Exchange Commission as an exhibit to the Companys Quarterly Report on
Form 10-Q
for the quarter ended
June 30, 2019.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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ARLO TECHNOLOGIES, INC.
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Dated: May 2, 2019
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By:
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/s/ Matthew McRae
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Matthew McRae
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Chief Executive Officer
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Arlo Technologies (NYSE:ARLO)
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