Carl Christenson - Feb 8, 2022 Form 4 Insider Report for Altra Industrial Motion Corp. (AIMC)

Role
Chairman and CEO, Director
Signature
Todd Patriacca, Attorney-in-fact
Stock symbol
AIMC
Transactions as of
Feb 8, 2022
Transactions value $
$1,610,715
Form type
4
Date filed
2/10/2022, 01:51 PM
Previous filing
Aug 16, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIMC Common Stock, par value $0.001 Award $2.87M +60.4K +106.87% $47.56 117K Feb 8, 2022 Direct F1
transaction AIMC Common Stock, par value $0.001 Tax liability -$1.26M -26.5K -22.7% $47.56 90.4K Feb 8, 2022 Direct F2
holding AIMC Common Stock, par value $0.001 127K Feb 8, 2022 By Trust F3
holding AIMC Common Stock, par value $0.001 300 Feb 8, 2022 By Children, see footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance shares earned after Compensation Committee determined that certain performance goals which measure the Company's total shareholder return ("TSR") against the TSR of a peer group of companies over the three year measurement period, from January 1, 2019 to December 31, 2021, had been met. The shares are issued as common stock par value $0.001 ("Common Stock") awarded to the Reporting Person under the Altra Industrial Motion Corp. 2014 Omnibus Incentive Plan. Dividends accrued on earned performance shares were included as additional shares of Common Stock in accordance with the terms of the award agreement.
F2 Shares forfeited in lieu of taxes upon vesting of Restricted Stock.
F3 The shares are held in a trust for which Mr. Christenson serves as trustee.
F4 Shares are held by Reporting Persons children.