Hawkins Nicholas B. - 04 Dec 2023 Form 4 Insider Report for Arteris, Inc. (AIP)

Signature
/s/ Paul Alpern, as Attorney-in-Fact for Nicholas B. Hawkins
Issuer symbol
AIP
Transactions as of
04 Dec 2023
Net transactions value
-$6,163
Form type
4
Filing time
06 Dec 2023, 17:15:25 UTC
Previous filing
24 Nov 2023
Next filing
12 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIP Common Stock Sale $2,259 -424 -0.16% $5.33 270,408 04 Dec 2023 Direct F1
transaction AIP Common Stock Sale $3,905 -734 -0.27% $5.32 269,674 05 Dec 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 Shares sold to satisfy the Reporting Person's tax liability arising as a result of the release of restricted stock units.
F2 Transaction made pursuant to a 10b5-1 trading plan that was adopted by the Reporting Person on May 12, 2023.
F3 Includes 60,570 restricted stock units.