Michael R. Leach - 22 Feb 2022 Form 4 Insider Report for ALLIED MOTION TECHNOLOGIES INC (ALNT)

Role
Chief Financial Officer
Signature
Michael C. Donlon, attorney-in-fact for Michael R. Leach
Issuer symbol
ALNT
Transactions as of
22 Feb 2022
Net transactions value
+$236,865
Form type
4
Filing time
23 Feb 2022, 16:54:59 UTC
Next filing
09 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMOT Common Stock Award $211,690 +6,197 +9% $34.16 74,735 22 Feb 2022 Direct F1
transaction AMOT Common Stock Award $25,176 +737 +0.99% $34.16 75,472 22 Feb 2022 Direct F2
holding AMOT Common Stock 1,771 22 Feb 2022 By ESOP Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted shares pursuant to the Company's 2017 Omnibus Incentive Plan upon the satisfaction of the performance goals previously established by the Compensation Committee in connection with the Company's Long-Term Incentive Plan. These restricted shares vest between December 2023 and December 2026 depending on whether the performance goal related to organic growth or acquisition growth.
F2 Grant of performance-based restricted shares as long-term incentive pursuant to the Company's 2017 Omnibus Incentive Plan. All or a portion of this long-term incentive award will vest over a three-year or five-year period upon the satisfaction of certain performance goals established by the Compensation Committee for the year ending December 31, 2022.

Remarks:

The share numbers in this Form 4 reflect a three-for-two common stock split, effected as a stock dividend. The additional shares were distributed on April 30, 2021 to stockholders of record as of the close of business on April 16, 2021.