Carl R. Christenson - 08 Feb 2022 Form 4 Insider Report for Altra Industrial Motion Corp.

Role
Chairman and CEO, Director
Signature
Todd Patriacca, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
08 Feb 2022
Net transactions value
+$1,610,715
Form type
4
Filing time
10 Feb 2022, 13:51:19 UTC
Previous filing
16 Aug 2021
Next filing
23 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIMC Common Stock, par value $0.001 Award $2,872,909 +60,406 +107% $47.56 116,929 08 Feb 2022 Direct F1
transaction AIMC Common Stock, par value $0.001 Tax liability $1,262,195 -26,539 -23% $47.56 90,390 08 Feb 2022 Direct F2
holding AIMC Common Stock, par value $0.001 127,438 08 Feb 2022 By Trust F3
holding AIMC Common Stock, par value $0.001 300 08 Feb 2022 By Children, see footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance shares earned after Compensation Committee determined that certain performance goals which measure the Company's total shareholder return ("TSR") against the TSR of a peer group of companies over the three year measurement period, from January 1, 2019 to December 31, 2021, had been met. The shares are issued as common stock par value $0.001 ("Common Stock") awarded to the Reporting Person under the Altra Industrial Motion Corp. 2014 Omnibus Incentive Plan. Dividends accrued on earned performance shares were included as additional shares of Common Stock in accordance with the terms of the award agreement.
F2 Shares forfeited in lieu of taxes upon vesting of Restricted Stock.
F3 The shares are held in a trust for which Mr. Christenson serves as trustee.
F4 Shares are held by Reporting Persons children.