Hawkins Nicholas B. - Sep 1, 2023 Form 4 Insider Report for Arteris, Inc. (AIP)

Signature
/s/ Paul Alpern, as Attorney-in-Fact for Nicholas B. Hawkins
Stock symbol
AIP
Transactions as of
Sep 1, 2023
Transactions value $
-$8,208
Form type
4
Date filed
9/6/2023, 08:31 PM
Previous filing
Aug 15, 2023
Next filing
Sep 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIP Common Stock Tax liability -$2.88K -401 -0.12% $7.18 336K Sep 1, 2023 Direct F1, F2
transaction AIP Common Stock Sale -$5.33K -758 -0.23% $7.03 335K Sep 6, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction involved the withholding of 401 shares of stock issuable upon the vesting of restricted stock units to pay taxes.
F2 Includes 65,674 restricted stock units.
F3 Transaction made pursuant to a 10b5-1 trading plan that was adopted by the Reporting Person on May 12, 2023