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

Role
Chief Financial Officer
Signature
/s/ Anthony Colucci
Issuer symbol
ALTG
Transactions as of
01 Apr 2021
Net transactions value
$0
Form type
4
Filing time
27 Apr 2022, 18:01:11 UTC
Next filing
03 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTG Common Stock Options Exercise +16,250 +80% 36,500 14 Feb 2022 Direct F1
transaction ALTG Common Stock Options Exercise +4,274 +12% 40,774 14 Feb 2022 Direct F2
transaction ALTG Common Stock Award $0 +13,943 +34% $0.000000 54,717 28 Mar 2022 Direct F3
transaction ALTG Common Stock Award $0 +17,925 +33% $0.000000 72,642 28 Mar 2022 Direct F4

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 +12,823 +26% 61,573 01 Apr 2021 Common Stock 12,823 Direct F2
transaction ALTG Restricted Stock Units Options Exercise -4,274 -6.9% 57,299 14 Feb 2022 Common Stock 4,274 Direct F2
transaction ALTG Restricted Stock Units Award +65,000 65,000 01 Aug 2020 Common Stock 65,000 Direct F1
transaction ALTG Restricted Stock Units Options Exercise -16,250 -28% 41,049 14 Feb 2022 Common Stock 16,250 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 previously granted time-based restricted stock units ("RSUs") under the Alta Equipment Group Inc. 2020 Omnibus Incentive Plan on August 1, 2020. Each RSU represents the right to receive one share of Common Stock for each RSU. The RSUs vest annually over 4 years starting on February 14, 2021, 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 The reporting person was previously granted time-based RSUs, under the Alta Equipment Group Inc. 2020 Omnibus Incentive Plan on April 1, 2021. 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, 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.
F3 Represents shares of Common 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.
F4 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.