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ALLIENT INC — Director's Dealing 2011
Feb 25, 2011
32476_dirs_2011-02-25_5565a577-91b7-4ab0-938f-a05b883dce17.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALLIED MOTION TECHNOLOGIES INC (AMOT)
CIK: 0000046129
Period of Report: 2011-02-23
Reporting Person: SMITH RICHARD D /CO/ (Director, Chairman and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-23 | Common Stock | A | 10000 | — | Acquired | 157411 | Direct |
| 2011-02-23 | Common Stock | A | 20000 | — | Acquired | 177411 | Direct |
| 2011-02-23 | Common Stock | F | 8652 | $7.08 | Disposed | 168759 | Direct |
| 2011-02-23 | Common Stock | G | 42408 | — | Disposed | 126351 | Direct |
| 2011-02-23 | Common Stock | G | 42408 | — | Acquired | 472776 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 900 | Indirect |
| Common Stock | 12791 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Options - Right to Buy | $4.27 | 2011-04-20 | Common Stock (23419) | 23419 | Direct |
Footnotes
F1: Grant of restricted shares pursuant to the Company's 2007 Stock Incentive Plan, as amended. These restricted shares vest one-third each on March 31, 2012, 2013 and 2014.
F2: Grant of restricted shares pursuant to the Company's 2007 Stock Incentive Plan, as amended. These restricted shares will vest, in whole or in part, upon the satisfaction of certain annual and cumulative performance goals established by the Compensation Committee with respect to the three-year period ending December 31, 2014.
F3: On February 23, 2011, 51,060 incentive restricted shares vested and the Reporting Person instructed the Company to withhold 8,652 shares to cover tax withholding obligations as permitted under the Company's Year 2000 Stock Incentive Plan, as amended, and the 2007 Stock Incentive Plan, as amended.
F4: Bona fide gift of securities.
F5: All of the options are currently exercisable.