Mark Anderson - Mar 14, 2022 Form 4 Insider Report for Alteryx, Inc. (AYX)

Role
Chief Executive Officer, Director
Signature
/s/ Christopher M. Lal, by power of attorney
Stock symbol
AYX
Transactions as of
Mar 14, 2022
Transactions value $
$0
Form type
4
Date filed
3/16/2022, 09:35 PM
Previous filing
Mar 3, 2022
Next filing
May 5, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AYX Performance Stock Units (Class A Common Stock) Award $0 +1.5M $0.00 1.5M Mar 14, 2022 Class A Common Stock 1.5M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance-based restricted stock unit ("PSU") award represents a contingent right to receive one share of the Issuer's Class A Common Stock at the time the shares are earned and settled for no consideration. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person following vesting.
F2 The shares subject to the PSU award will vest in six segments as follows, based on the respective stock price targets for the Issuer's Class A Common Stock: (i) 300,000 shares will vest at a stock price target of $90.00; (ii) 300,000 shares will vest at a stock price target of $120.00; (iii) 250,000 shares will vest at a stock price target of $150.00; (iv) 225,000 shares will vest at a stock price target of $180.00; (v) 215,000 shares will vest at a stock price target of $210.00; and (vi) 210,000 shares will vest at a stock price target of $240.00, subject in each case to the status of "Participant's Service" (as defined in the 2017 Equity Incentive Plan) through each vesting date. The shares subject to the PSU award will vest only if the stock price is sustained at or above the respective target level over a continuous 60-trading day period. If none of the six stock price targets are achieved within a seven-year period from the grant date, no shares subject to the PSU award will vest.
F3 Notwithstanding any earlier achievement of a stock price target, no portion of the PSU award that is achieved will vest prior to the two-year anniversary of the grant date of the award.