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

Role
SVP, CHRO
Signature
/s/ Matthew Frascella, Attorney-in-Fact for Joanne Valente
Issuer symbol
ALGM
Transactions as of
15 May 2023
Net transactions value
-$175,291
Form type
4
Filing time
17 May 2023, 16:46:12 UTC
Previous filing
16 May 2023
Next filing
21 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALGM Common Stock Award $0 +7,910 +5.7% $0.000000 146,598 15 May 2023 Direct F1
transaction ALGM Common Stock Tax liability $175,291 -4,596 -3.1% $38.14 142,002 16 May 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 RSUs and Performance Stock Units that were previously granted by the Issuer.