Key facts
- This page summarizes Ravi Vig's Form 4 filing for ALLEGRO MICROSYSTEMS, INC. (ALGM).
- 5 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 15 Jun 2022, 18:28.
Ravi Vig - 13 Jun 2022 Form 4 Insider Report for ALLEGRO MICROSYSTEMS, INC. (ALGM)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- ALGM
- Reported as of
- 13 Jun 2022
- Net transaction value
- -$5,243,174
- SEC form
- 4
- Accepted by SEC
- 15 Jun 2022, 18:28:44 UTC
- Prior SEC filing
- 18 May 2022
- Next SEC filing
- 04 Apr 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Justin Fontaine, Attorney-in-Fact for Ravi Vig
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Ravi Vig filed Form 4 for ALLEGRO MICROSYSTEMS, INC. (ALGM) on 15 Jun 2022.
Change
- Previous filing in this sequence was filed on 18 May 2022.
- Current net transaction value: -$5,243,174.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ALGM
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -53,572
- Change %
- -3.2%
- Price
- $0.000000
- Shares after
- 1,607,661
- Date
- 13 Jun 2022
- Ownership
- Direct
- Footnotes
- F1
ALGM
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -41,953
- Change %
- -2.6%
- Price
- $0.000000
- Shares after
- 1,565,708
- Date
- 13 Jun 2022
- Ownership
- Direct
- Footnotes
- F2
ALGM
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +484,832
- Change %
- +31%
- Price
- $0.000000
- Shares after
- 2,050,540
- Date
- 13 Jun 2022
- Ownership
- Direct
- Footnotes
- F3
ALGM
transaction
Common Stock
Tax liability
- Transaction value
- $5,243,174
- Shares
- -244,437
- Change %
- -12%
- Price
- $21.45
- Shares after
- 1,806,103
- Date
- 13 Jun 2022
- Ownership
- Direct
- Footnotes
- F4
ALGM
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +586,510
- Change %
- +32%
- Price
- $0.000000
- Shares after
- 2,392,613
- Date
- 13 Jun 2022
- Ownership
- Direct
- Footnotes
- F5
ALGM
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 293,090
- Date
- 13 Jun 2022
- Ownership
- By Trust for Child 1
ALGM
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 293,090
- Date
- 13 Jun 2022
- Ownership
- By Trust for Child 2
ALGM
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 293,090
- Date
- 13 Jun 2022
- Ownership
- By Trust for Child 3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Represents the forfeiture of unvested Restricted Stock Units ("RSUs") issued on November 20, 2020.
Footnote F2
Represents the forfeiture of unvested RSUs issued on May 7, 2021.
Footnote F3
Represents an award of RSUs granted on June 13, 2022 in connection with Mr. Vig's retirement and in accordance with his Second Amended and Restated Severance Agreement (the "Severance Agreement"). Each RSU represents a contingent right to receive one share of common stock. The RSUs vested on June 13, 2022, but the award remains subject to the terms of the Severance Agreement.
Footnote F4
Represents shares withheld to cover taxes due upon the vesting of RSUs that were granted by the Issuer on June 13, 2022.
Footnote F5
Represents a portion of outstanding awards of Performance Stock Units ("PSUs") previously granted by the Issuer that remain outstanding and eligible to vest and for which minimum vesting amounts were fixed on June 13, 2022 pursuant to the terms of the Severance Agreement. Subject to the terms of the Severance Agreement, a minimum of 190,339 PSUs are scheduled to vest on December 13, 2022; 58,677 are scheduled to vest on May 16, 2023; 261,188 are scheduled to vest on November 18, 2023; and 76,306 are scheduled to vest on May 16, 2024. The remainder of these PSU awards are still subject to the achievement of the performance conditions, which could result in the vesting of additional shares pursuant to these awards in excess of the amount reported in Table I.