Christian Claussen - Oct 26, 2021 Form 4 Insider Report for Arteris, Inc. (AIP)

Role
Director
Signature
/s/ Paul Alpern as Attorney-in-fact for Christian Claussen
Stock symbol
AIP
Transactions as of
Oct 26, 2021
Transactions value $
$0
Form type
4
Date filed
10/29/2021, 08:28 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction AIP Common Stock Conversion of derivative security +3.13M 3.13M Oct 29, 2021 See Footnote F1, F2
transaction AIP Common Stock Award $0 +6.25K $0.00 6.25K Oct 26, 2021 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIP Series A Preferred Stock Conversion of derivative security $0 -3.13M -50% $0.00 3.13M Oct 29, 2021 Common Stock 3.13M See Footnote F1, F2

Explanation of Responses:

Id Content
F1 Each share of the Issuer's Series A Preferred Stock automatically converted into one (1) share of the Issuer's Common Stock immediately upon the closing of the Issuer's initial public offering. The shares had no expiration date.
F2 The reporting person is a General Partner of Ventech Capital F ("Ventech"). Investment and voting decisions for Ventech are made by Ventech's investment committee, which is governed by a non-executive board comprised of three or more individuals, and therefore the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, if any.
F3 Includes 6,250 restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in full on the earlier of (i) the first anniversary of the grant date and (ii) immediately before the Annual Meeting following the grant date, subject to the reporting person continuing to provide services to Issuer's Board through such vesting date. The RSUs have no expiration date.
F4 Includes 6,250 restricted stock units.