Jeffery Allen Leonard - 14 Aug 2023 Form 4 Insider Report for ALAMO GROUP INC (ALG)

Role
President & CEO, Director
Signature
/s/ Carol Worthy, attorney-in-fact
Issuer symbol
ALG
Transactions as of
14 Aug 2023
Net transactions value
-$47,239
Form type
4
Filing time
15 Aug 2023, 17:07:05 UTC
Previous filing
02 Jun 2023
Next filing
27 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALG Common Stock Options Exercise $53,510 +1,000 +3.5% $53.51 29,946 14 Aug 2023 Direct
transaction ALG Common Stock Sale $79,756 -462 -1.5% $172.63 29,484 14 Aug 2023 Direct F1
transaction ALG Common Stock Sale $20,993 -121 -0.41% $173.49 29,363 14 Aug 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALG Employee Stock Option (Right to Buy) Options Exercise $0 -1,000 -100% $0.000000* 0 14 Aug 2023 Common Stock 1,000 $53.51 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.40 to $173.205, inclusive. The reporting person undertakes to provide to Alamo Group Inc, any security holder of Alamo Group Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote(1) and (2) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.48 to $173.50, inclusive.
F3 Employee stock option granted pursuant to the Alamo Group Inc. 2005 Incentive Stock Option Plan. The option vests in 5 equal annual installments beginning on May 12, 2015.

Remarks:

Ex. 24 - Power of Attorney (incorporated by reference to the Power of Attorney filed as Exhibit 24 to the Form 4 filed by the reporting person on May 11, 2016)