Geoffery Rondeau - 08 Mar 2022 Form 4 Insider Report for ALLIED MOTION TECHNOLOGIES INC (ALNT)

Role
VP of Operational Excellence
Signature
/s/ Michael C. Donlon, Attorney-in-Fact for Geoffrey Rondeau
Issuer symbol
ALNT
Transactions as of
08 Mar 2022
Net transactions value
+$48,077
Form type
4
Filing time
09 Mar 2022, 15:38:49 UTC
Previous filing
02 Sep 2021
Next filing
05 Apr 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 $24,039 +699 +6.4% $34.39 11,648 08 Mar 2022 Direct F1, F3
transaction AMOT Common Stock Award $24,039 +699 +6% $34.39 12,347 08 Mar 2022 Direct F2
holding AMOT Common Stock 1,771 08 Mar 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 time-based restricted shares pursuant to the Company's 2017 Omnibus Incentive Plan. These restricted shares vest one-third each on April 1, 2023, 2024 and 2025.
F2 Grant of performance-based restricted shares pursuant to the Company's 2017 Omnibus Incentive Plan. All or a portion of these restricted shares will vest over a three-year period upon the satisfaction of certain performance goals established by the Compensation Committee for the year ending December 31, 2022.
F3 The Reporting Person's Form 4 that was filed with the Securities and Exchange Commission on September 2, 2021 contained a mathematical error in calculating the amount of securities shown as being beneficially owned following the reported transaction. The Reporting Person's direct ownership was overstated by 341 shares and has been updated herein to correct that error.