Ryan Greenawalt - 01 Apr 2021 Form 4 Insider Report for ALTA EQUIPMENT GROUP INC. (ALTG)

Signature
/s/ Ryan Greenawalt
Issuer symbol
ALTG
Transactions as of
01 Apr 2021
Net transactions value
$0
Form type
4
Filing time
27 Apr 2022, 15:34:16 UTC
Next filing
18 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTG Common Stock Options Exercise $0 +10,942 +0.19% $0.000000 5,707,942 14 Feb 2022 Direct F1
transaction ALTG Common Stock Award $0 +33,423 +0.59% $0.000000 5,741,365 28 Mar 2022 Direct F2
transaction ALTG Common Stock Award $0 +45,888 +0.8% $0.000000 5,787,253 28 Mar 2022 Direct F3

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 ALTG Restricted Stock Units Award +32,826 32,826 01 Apr 2021 Common Stock 32,826 Direct F1
transaction ALTG Restricted Stock Units Options Exercise -10,942 -33% 21,884 14 Feb 2022 Common Stock 10,942 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted time-based restricted stock units ("RSUs"), on April 1, 2021, under the Alta Equipment Group Inc. 2020 Omnibus Incentive Plan, which represent the right to receive one share of Common Stock for each RSU. The RSUs vest annually over 3 years starting on February 14, 2022, subject to reporting person's continued employment with the Company. The disclosure in Table II is an amendment to the Form 4 filed February 17, 2022.
F2 Represents shares of Commons Stock underlying RSUs granted to the reporting person. The reporting person was granted time-based restricted stock units ("RSUs") under the Alta Equipment Group Inc. 2020 Omnibus Incentive Plan on March 28, 2022. Each RSU represents the right to receive one share of Common Stock for each RSU. The RSUs vest annually over 3 years starting on February 14, 2023, subject to reporting person's continued employment with the Company.
F3 Represents shares of Commons Stock underlying PSUs granted to the reporting person. The reporting person was granted performance stock units ("PSUs") under the Alta Equipment Group Inc. 2020 Omnibus Incentive Plan on March 28, 2022 following the achievement of 2021 performance targets and will vest annually over 2 years starting on February 14, 2023, subject to reporting person's continued employment with the Company.