Hawkins Nicholas B. - Dec 4, 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
Dec 4, 2023
Transactions value $
-$6,163
Form type
4
Date filed
12/6/2023, 05:15 PM
Previous filing
Nov 24, 2023
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIP Common Stock Sale -$2.26K -424 -0.16% $5.33 270K Dec 4, 2023 Direct F1
transaction AIP Common Stock Sale -$3.9K -734 -0.27% $5.32 270K Dec 5, 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.