Suresh Vittal - Feb 20, 2023 Form 4 Insider Report for Alteryx, Inc. (AYX)

Signature
/s/ Christopher M. Lal, by power of attorney
Stock symbol
AYX
Transactions as of
Feb 20, 2023
Transactions value $
$1,161,015
Form type
4
Date filed
2/21/2023, 07:21 PM
Previous filing
Dec 2, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AYX Class A Common Stock Award $1.16M +17.3K +12.33% $67.01 158K Feb 20, 2023 Direct F1, F2
* 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 were earned upon the satisfaction of a performance-based condition. The performance-based condition was satisfied by the achievement of an annual recurring revenue target during the performance period of January 1, 2022 through December 31, 2022, subject to the status of "Participant's Service" (as defined in the Amended & Restated 2017 Equity Incentive Plan) through the certification date by the Issuer's Compensation Committee. The PRSUs will vest as follows: (a) 4/12 of the earned PRSUs will vest on March 1, 2023 ("Vesting Start Date") and, thereafter (b) 1/12 of the earned PRSUs will vest on each of the eight (8) designated quarterly vesting dates following the Vesting Start Date, subject to the status of "Participant's Service" on each vesting date. Each PRSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration.
F2 Includes (i) 92,568 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) 715 shares acquired under the Alteryx, Inc. employee stock purchase plan through February 14, 2023.