Vineet Nargolwala - May 15, 2023 Form 4 Insider Report for ALLEGRO MICROSYSTEMS, INC. (ALGM)

Role
President and CEO, Director
Signature
/s/ Matthew Frascella, Attorney-in-Fact for Vineet Nargolwala
Stock symbol
ALGM
Transactions as of
May 15, 2023
Transactions value $
-$439,411
Form type
4
Date filed
5/17/2023, 05:17 PM
Previous filing
May 16, 2023
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALGM Common Stock Award $0 +55.9K +17.82% $0.00 369K May 15, 2023 Direct F1
transaction ALGM Common Stock Tax liability -$439K -11.5K -3.12% $38.14 358K May 16, 2023 Direct 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 Restricted Stock Units ("RSUs") granted on May 15, 2023. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in three equal annual installments beginning on May 16, 2024.
F2 Represents shares withheld to cover taxes due upon the vesting of Performance Stock Units that were previously granted by the Issuer.