Paul L. Alpern - 03 Dec 2024 Form 4 Insider Report for Arteris, Inc. (AIP)

Signature
/s/ Paul Alpern
Issuer symbol
AIP
Transactions as of
03 Dec 2024
Net transactions value
-$6,166
Form type
4
Filing time
05 Dec 2024, 18:09:32 UTC
Previous filing
08 Oct 2024
Next filing
06 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIP Common Stock Sale $2,213 -258 -0.38% $8.58 67,826 03 Dec 2024 Direct F1
transaction AIP Common Stock Sale $3,952 -425 -0.63% $9.30 67,401 05 Dec 2024 Direct F2
* 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 8, 2024.