Form 4 for ALGM ALLEGRO MICROSYSTEMS, INC.
Accepted 2023-05-16 00:00:00 ET · period of report 2023-05-12 · accession 0001807649-23-000003 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-05-16 | 2023-05-12 | ALGM | Nargolwala Vineet A | Pres, CEO, Dir | A - Grant | $0.00 | +63.5K | 313.6K | +25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-12 | A | A | 63,544 | $0.00 | 313,568 | D | — | — | (F1) On August 1, 2022, the Reporting Person was granted an award of Performance Stock Units ("PSUs"), which vests over a three-year period in the form of common stock, contingent upon the Issuer's attainment of certain performance objectives between one and three years. On May 12, 2023, the Compensation Committee of the Issuer's Board of Directors determined that the performance objective goals in the PSUs for the period ending March 31, 2023 had been met at 200% of target, for the aggregate number of shares shown. The certified portion of the award shown remains subject to the time-based vesting conditions and is scheduled to vest in part on May 16, 2023, May 16, 2024, and May 16, 2025. |