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ALLEGRO MICROSYSTEMS, INC. — Director's Dealing 2023
May 16, 2023
30980_dirs_2023-05-16_6185ac52-5752-49a0-8b5d-c8a2e3b598e8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALLEGRO MICROSYSTEMS, INC. (ALGM)
CIK: 0000866291
Period of Report: 2023-05-12
Reporting Person: Nargolwala Vineet A (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-12 | Common Stock | A | 63544 | — | Acquired | 313568 | Direct |
Footnotes
F1: On August 1, 2022, the Reporting Person was granted an award of Performance Stock Units ("PSUs"), which vests 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 12, 2023, the Compensation Committee of the Issuer's Board of Directors determined that the performance objective goals in 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 award shown remains subject to the time-based vesting conditions and is scheduled to vest in part on May 16, 2023, May 16, 2024, and May 16, 2025.