Ashish Bendre - Mar 5, 2024 Form 4 Insider Report for ALLIENT INC (ALNT)

Role
VP and Group President
Signature
/s/ Michael C. Donlon, Attorney-in-Fact for Ashish Bendre
Stock symbol
ALNT
Transactions as of
Mar 5, 2024
Transactions value $
$245,760
Form type
4
Date filed
3/7/2024, 08:17 PM
Previous filing
Sep 6, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALNT Common Stock Award $37.8K +1.26K +2.6% $30.00 49.8K Mar 5, 2024 Direct F1
transaction ALNT Common Stock Award $37.8K +1.26K +2.53% $30.00 51.1K Mar 5, 2024 Direct F2
transaction ALNT Common Stock Award $170K +5.67K +11.11% $30.00 56.7K Mar 5, 2024 Direct F3
holding ALNT Common Stock 675 Mar 5, 2024 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, 2025, 2026 and 2027.
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, 2024.
F3 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 over a two-year period.