Deegan Glenn E. - Feb 8, 2022 Form 4 Insider Report for Altra Industrial Motion Corp. (AIMC)

Role
Chief Legal and HR Officer
Signature
Todd Patriacca, Attorney-in-fact
Stock symbol
AIMC
Transactions as of
Feb 8, 2022
Transactions value $
$304,289
Form type
4
Date filed
2/10/2022, 01:53 PM
Previous filing
Dec 16, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIMC Common Stock, par value $0.001 Award $545K +11.5K +29.57% $47.56 50.2K Feb 8, 2022 Direct F1
transaction AIMC Common Stock, par value $0.001 Tax liability -$241K -5.07K -10.08% $47.56 45.2K Feb 8, 2022 Direct F2
* 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.