Michael Doogue - May 12, 2023 Form 4 Insider Report for ALLEGRO MICROSYSTEMS, INC. (ALGM)

Role: SVP, CTO
Signature: /s/ Michael C. Doogue
Stock symbol: ALGM
Transactions as of: May 12, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/16/2023, 04:32 PM
Previous filing: Dec 6, 2022
Next filing: May 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALGM	Common Stock	Award	$0	+141K	+148.1%	$0.00	236K	May 12, 2023	Direct	F1
holding	ALGM	Common Stock						76.2K	May 12, 2023	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 November 2, 2020, May 7, 2021, and May 16, 2022, the Reporting Person was granted awards of Performance Stock Units ("PSUs"), which vest over a three-year period from grant in the form of common stock, contingent upon the Issuer's attainment of certain performance objectives between one and three years. On May 12, 2023, the Compensation Committee of the Issuer's Board of Directors determined that the performance objective goals in each of the PSUs for the period ending March 31, 2023 had been met at 200% of target, for the aggregate number of shares shown. The certified portion of the awards shown remain subject to the time-based vesting conditions and are scheduled to vest in part on May 16, 2023, November 18, 2023, May 16, 2024, and May 16, 2025, as applicable.

Content

On November 2, 2020, May 7, 2021, and May 16, 2022, the Reporting Person was granted awards of Performance Stock Units ("PSUs"), which vest over a three-year period from grant in the form of common stock, contingent upon the Issuer's attainment of certain performance objectives between one and three years. On May 12, 2023, the Compensation Committee of the Issuer's Board of Directors determined that the performance objective goals in each of the PSUs for the period ending March 31, 2023 had been met at 200% of target, for the aggregate number of shares shown. The certified portion of the awards shown remain subject to the time-based vesting conditions and are scheduled to vest in part on May 16, 2023, November 18, 2023, May 16, 2024, and May 16, 2025, as applicable.