ALLEGRO MICROSYSTEMS, INC. — Director's Dealing 2022

Jun 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALLEGRO MICROSYSTEMS, INC. (ALGM)
CIK: 0000866291
Period of Report: 2022-06-13

Reporting Person: Vig Ravi (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-06-13	Common Stock	D	53572	—	Disposed	1607661	Direct
2022-06-13	Common Stock	D	41953	—	Disposed	1565708	Direct
2022-06-13	Common Stock	A	484832	—	Acquired	2050540	Direct
2022-06-13	Common Stock	F	244437	$21.45	Disposed	1806103	Direct
2022-06-13	Common Stock	A	586510	—	Acquired	2392613	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	293090	Indirect
Common Stock	293090	Indirect
Common Stock	293090	Indirect

Footnotes

F1: Represents the forfeiture of unvested Restricted Stock Units ("RSUs") issued on November 20, 2020.

F2: Represents the forfeiture of unvested RSUs issued on May 7, 2021.

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.

F4: Represents shares withheld to cover taxes due upon the vesting of RSUs that were granted by the Issuer on June 13, 2022.

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.