Sanken Electric Co., Ltd. - Jul 29, 2024 Form 4 Insider Report for ALLEGRO MICROSYSTEMS, INC. (ALGM)

Role
10%+ Owner
Signature
/s/ Sanken Electric Co., Ltd., By: /s/ Hiroshi Takahashi, Representative Director, President
Stock symbol
ALGM
Transactions as of
Jul 29, 2024
Transactions value $
-$665,850,000
Form type
4
Date filed
7/31/2024, 06:05 AM
Next filing
Aug 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALGM Common Stock Sale -$666M -28.8M -29.19% $23.16 69.8M Jul 29, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a sale of shares to Allegro MicroSystems, Inc. (the "Issuer") pursuant to a Share Repurchase Agreement between the Issuer and the reporting person, dated as of July 23, 2024 (the "Agreement").
F2 Represents a price per share determined pursuant to the terms of the Agreement, based on the per share public offering price, minus underwriting discounts, on July 24, 2024.