Hawkins Nicholas B. - Dec 2, 2024 Form 4 Insider Report for Arteris, Inc. (AIP)

Role
VP and Chief Financial Officer
Signature
/s/ Paul Alpern, as Attorney-in-Fact for Hawkins Nicholas B.
Stock symbol
AIP
Transactions as of
Dec 2, 2024
Transactions value $
-$90,337
Form type
4
Date filed
12/4/2024, 05:46 PM
Previous filing
Nov 8, 2024
Next filing
Dec 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIP Common Stock Sale -$42.8K -5K -2.56% $8.56 190K Dec 2, 2024 Direct F1, F2, F3
transaction AIP Common Stock Sale -$3.75K -437 -0.23% $8.58 190K Dec 3, 2024 Direct F3, F4
transaction AIP Common Stock Sale -$43.8K -5K -2.63% $8.76 185K Dec 4, 2024 Direct F1, F3, F5
* 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 Transaction made pursuant to a 10b5-1 trading plan that was adopted by the Reporting Person on May 20, 2024.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $8.48 to $8.63 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Including 3,000 of shares of common stock acquired on November 21, 2024 pursuant to the Issuer's Employee Stock Purchase Plan.
F4 Shares sold to satisfy the Reporting Person's tax liability arising as a result of the release of restricted stock units.
F5 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $8.75 to $8.80 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.