Michael Doogue - May 13, 2022 Form 4 Insider Report for ALLEGRO MICROSYSTEMS, INC. (ALGM)

Role
SVP of Technology and Products
Signature
/s/ Justin Fontaine, Attorney-in-Fact for Michael C. Doogue
Stock symbol
ALGM
Transactions as of
May 13, 2022
Transactions value $
-$329,284
Form type
4
Date filed
5/18/2022, 08:34 PM
Previous filing
Mar 21, 2022
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALGM Common Stock Award $0 +6.16K +8.52% $0.00 78.5K May 13, 2022 Direct F1
transaction ALGM Common Stock Tax liability -$329K -14K -17.88% $23.48 64.4K May 16, 2022 Direct F2
transaction ALGM Common Stock Award $0 +22.1K +34.38% $0.00 86.6K May 16, 2022 Direct F3
holding ALGM Common Stock 219K May 13, 2022 By The Michael C. Doogue Revocable Trust of 2015
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 7, 2021, the reporting person was granted an award of Performance Stock Units ("PSUs"), which vest over a three-year period in the form of common stock, contingent upon the Issuer's attainment of certain performance objectives between one and three years. On May 13, 2022, the Compensation Committee of the Issuer's Board of Directors determined that the one-year performance objective goals had been met, resulting in the vesting of a portion of the total PSU on May 16, 2022.
F2 Represents shares withheld to cover taxes due upon the vesting of RSUs and PSUs that were previously granted by the Issuer.
F3 Represents an award of Restricted Stock Units ("RSUs") granted on May 16, 2022. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in four equal annual installments beginning on May 16, 2023.