Suresh Vittal - Aug 5, 2022 Form 4 Insider Report for Alteryx, Inc. (AYX)

Role
Chief Product Officer
Signature
/s/ Christopher M. Lal, by power of attorney
Stock symbol
AYX
Transactions as of
Aug 5, 2022
Transactions value $
-$265,690
Form type
4
Date filed
8/8/2022, 08:20 PM
Previous filing
Jun 2, 2022
Next filing
Sep 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AYX Class A Common Stock Award $0 +9.58K +6.6% $0.00 155K Aug 5, 2022 Direct F1, F2
transaction AYX Class A Common Stock Tax liability -$266K -4.25K -2.75% $62.53 150K Aug 5, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of performance-based restricted stock units ("PRSUs"). These PRSUs vested upon the satisfaction of a performance-based condition. The performance-based condition was satisfied by the achievement of certain annual recurring revenue targets during the performance period of January 1, 2021 through December 31, 2022, subject to the status of "Participant's Service" (as defined in the 2017 Equity Incentive Plan) through the certification date by the Issuer's Compensation Committee. Each PRSU represented a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration.
F2 Includes (i) 98,408 unvested shares subject to awards RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person following vesting; and (ii) 350 shares acquired under the Alteryx, Inc. employee stock purchase plan through February 14, 2022.
F3 Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of PRSUs. The Reporting Person did not sell or otherwise dispose of any of the shares with respect to the vesting of PRSUs reported on this Form 4 for any reason other than to cover required taxes.