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ALLEGRO MICROSYSTEMS, INC. — Director's Dealing 2023
May 16, 2023
30980_dirs_2023-05-16_b4a82722-ba1b-4699-b576-6af801614b3f.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: Narayan Suman (SVP, Products)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-12 | Common Stock | A | 18062 | — | Acquired | 72509 | Direct |
Footnotes
F1: On May 7, 2021, May 16, 2022, and September 1, 2022, the Reporting Person was granted awards of Performance Stock Units ("PSUs"), which vest 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 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, May 16, 2024, and May 16, 2025, as applicable.